Answer the following statement(s) true (T) or false (F)
The traditional accounting equation is: Assets + Liabilities = Owners' Equity.
ANSWER: False
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In a SWOT analysis, organizational strengths are
A. external opportunities that a company can take advantage of. B. environmental factors that the organization may exploit for competitive advantage. C. MBO skills that should be emphasized. D. skills and capabilities that give a company advantages in executing its strategies. E. means that give a specific industry an advantage in a down economy.
Return on investment measures the return on long-term suppliers of funds
Indicate whether the statement is true or false
"At Dodson, we sell shoes" is a market-oriented business definition
Indicate whether the statement is true or false
Describe the difference between a savings plan and a retirement plan. Give at least three examples of each.
What will be an ideal response?