The largest source of new ideas is the U.S. Patent Office. 

Answer the following statement true (T) or false (F)


False

Business

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A liability is a future economic benefit to a business

a. True b. False Indicate whether the statement is true or false

Business

The cost of damage is the aggregate of all the potential damages multiplied by their respective _____.

Fill in the blank(s) with the appropriate word(s).

Business

To find an explanation of a transaction, one should look at the

a. ledger. b. trial balance. c. journal. d. chart of accounts.

Business

Financial statement ratios alone provide direct indicators of good or poor management

Indicate whether the statement is true or false

Business