Which of the following is NOT a type of information communicated by the financial statements?

A. the amount spent on costs (expenses) of the business
B. the amount of revenue earned by the business
C. the equity, or value, of the business
D. the types of products and services the business provides


Answer: D

Business

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A(n) ______________________________ is the assigned location where a worker performs his or her job; it could be a machine or a workbench

Fill in the blank(s) with correct word

Business

With a right of survivorship the proceeds in a joint bank account pass to the surviving account owner

Indicate whether the statement is true or false.

Business

Social responsibility refers to

A. a democratic consensus of moral principles and laws that govern the behavior of individuals based on legislation adopted at the federal, state, and local levels. B. a personal moral philosophy that considers individual rights or duties as universal, regardless of the outcome. C. a societal moral philosophy based on the Golden Rule of the Judeo-Christian ethic found in the U.S. Constitution's Bill of Rights. D. a personal moral philosophy that focuses on the greatest good for the greatest number by assessing the costs and benefits of the consequences of ethical behavior. E. the view that organizations are part of a larger society and are accountable to that society for their actions.

Business

Which one of the following is not a primary type of organizational structures used to manage the international operations of a company?

A. geographic-area division B. worldwide matrix C. home country product division D. international division

Business