A property or characteristic of an entity type that is of interest to the organization is called a(n):
A) attribute.
B) coexisting entity.
C) relationship.
D) cross-function.
A
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The purchase of office equipment on credit has what effect on the accounting equation?
a. Assets decrease and stockholders' equity decreases. b. Liabilities increase and stockholders' equity decreases. c. Assets increase and liabilities increase. d. Assets decrease and liabilities decrease.
Which training outcome relates to trainees providing feedback about their satisfaction with a trainer?
A. results B. reactions C. cognitive D. emotional
Organization expenses of a corporation often include legal fees and promoter fees.
Answer the following statement true (T) or false (F)
Which of the following criteria is not required to be met under the tax concept of income?
A. Cash must be received. B. Income must be realized. C. Income must be recognized. D. There must be economic benefit.