A partner who withdraws from a partnership may not withdraw the balance in his or her Capital account
Indicate whether the statement is true or false
True
Business
You might also like to view...
The term ________ refers to a liability that promises a future outflow of resources.
Fill in the blank(s) with the appropriate word(s).
Business
Management talent is increased in a diverse group of employees
Indicate whether the statement is true or false
Business
______________ is based on the principle of utility where each person’s actions add to the overall utility of the community impacted by his or her actions.
a. Utilitarianism b. Sidgwick’s dualism c. Ethical egoism d. Kant’s ethics
Business
An individual incentive plan for a factory worker directly involved in producing a product would normally be:
a. a bonus program b. a commission c. the Scanlon plan d. piecework e. a profit-sharing plan
Business