In this phase of the economy, most businesses appear to be highly profitable
a. Trough
b. Recession
c. Recovery
d. Boom
d
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Incorrect.
d. Correct.
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If the sum of the debits and credits in a trial balance is not equal, then
a. there is no concern because the two amounts are not meant to be equal. b. the chart of accounts also does not balance. c. it is safe to proceed with the preparation of financial statements. d. most likely an error was made in posting journal entries to the general ledger or in preparing the trial balance.
Explain what social entrepreneurship is. Give an example of a social entrepreneur.
What will be an ideal response?
The ability of a company to adapt its resources to create change and react to change is called
A) financial flexibility. B) return on investment . C) operating capability. D) risk .
As a speaker, you can emphasize important points with periodic pauses
Indicate whether the statement is true or false