Assets and liabilities are classified as current or non-current. Why is the cutoff for such classifications one year? Why not six months or three years?
What will be an ideal response?
One year is chosen because businesses typically are required to make annual financial reports. Most property, income, and corporate taxes are annual.
You might also like to view...
A tendon and ligament are examples of what kind of connective tissue?
a. Dense irregular connective tissue b. Dense multi-direction connective tissue c. Dense regular connective tissue d. Dense irrigated connective tissue
Identify three difficulties that may occur when working in a practice with two other dental hygienists
What will be an ideal response?
The structure indicated by letter G is the ________, which is considered the "working tissue" of the lung.
Fill in the blank(s) with the appropriate word(s).
Stressors include ___________ situations or conditions that may cause a variety of physiologic, physical, and psychological responses.
a. emotional b. physical c. environmental d. all of the above