How are current liabilities satisfied? Check all that apply.

a) The creation of other current liabilities.
b) The creation of other current assets.
c) The use of current assets.
d) The use of current liabilities


a) The creation of other current liabilities.
c) The use of current assets.

Business

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What is a partnership? List three advantages and three disadvantages of the partnership form of business organization

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The difference between actual and budgeted fixed factory overhead is referred to as a fixed overhead volume variance

Indicate whether the statement is true or false

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Describe how the definitions of assets and liabilities have evolved over the years.

What will be an ideal response?

Business

In order to build relationships with customer value, firms must do all of the following EXCEPT

A. brief their advertising people to develop ads that try to convince a customer to buy once. B. ensure that everyone in a firm works together to provide customer value before and after each purchase. C. try to eliminate costs that do not give value to customers. D. try to adopt the marketing concept. E. attract customers in the first place-and keep them satisfied after they buy.

Business