The main difference among the balance sheets of the sole proprietorship, the partnership, and the corporation is found in the owners' equity section

Indicate whether the statement is true or false


T

Business

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Disadvantages of focus groups include all of the following EXCEPT:

A) tendency to regard findings as conclusive. B) difficulty in moderating focus groups. C) completely skilled moderators are rare. D) coding, analysis, and interpretation are difficult. E) respondents are generally spontaneous.

Business

According to the text, ________ are the simplest to use

A) ratio scales B) ordinal scales C) interval scales D) random scales E) nominal scales

Business

Pia and Ramona are partners who share income in the ratio of 3:2. Their capital balances are $80,000 and $120,000 respectively. Income Summary has a credit balance of $40,000. What is Ramona's capital balance after closing Income Summary to Capital?

A) $140,000 B) $136,000 C) $96,000 D) $144,000

Business

Which of the following is a method of alternative dispute resolution?

A) pretrial hearing B) settlement conference C) appeal D) fact- finding

Business