What is the main objective of the net worth method?
a. To determine the income and expenditure of an individual.
b. To determine the extent of the stolen funds.
c. To determine the financial position of the organization.
d. To determine the change in the net worth.
b
FEEDBACK: a. Incorrect.
b. Correct.
c. Incorrect.
d. Incorrect.
You might also like to view...
In a direct request, where is the request explained in detail?
A) In the opening line of the communication B) In the opening paragraph of the communication C) In the body of the communication D) Repeated several times throughout the entire communication E) At the close of the communication
The faculty ____ divided on the tuition increase and its effect on the teacher-student ratio
A) was B) were C) is
Describe in detail the characteristics of the direct subsidized and unsubsidized student loans from the Federal government
What will be an ideal response?
TropiKana Inc., a U.S firm, has just borrowed $1,000,000 to make improvements to an Italian fruit plantation and processing plant. If the interest rate is 6.00% per year, how much interest will they pay in the first year?
A) $6,000 B) $60,000 C) $600,000 D) €60,000