A posterior probability is a conditional probability
a. True
b. False
Indicate whether the statement is true or false
True
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Under the cost principle, assets are always carried at their current market value
a. True b. False Indicate whether the statement is true or false
Garden Gate is a one-location nursery business, selling plants and flowers for home gardeners. The new owners want to grow through either a product development or diversification strategy. What will the owners likely do if they pursue either strategy?
What will be an ideal response?
Blair Scott started a sole proprietorship by depositing $75,000 cash in a business checking account. During the accounting period, the business borrowed $30,000 from a bank, earned $18,000 of net income, and Scott withdrew $12,000 cash from the business. Based on this information, what is the balance in Scott's capital account at the end of the accounting period?
A. $81,000 B. $111,000 C. $93,000 D. $72,000
Organizations that have mercenary cultures are likely to be very political.
Answer the following statement true (T) or false (F)