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

Manditorily redeemable financial instruments are classified as assets on the balance sheet.


ANSWER: F

Business

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Which of the following statements is true?

a. In a pre-billing system, invoices are prepared after the goods have been shipped and the sales order notification has been matched to the shipping's billing notification. b. In a post-billing system, invoices are prepared upon acceptance of the customer order. c. Of the two types of billing systems discussed in the text, the pre-billing system requires the more accurate inventory records. d. Of the two types of billing systems discussed in the text, the pre-billing system is appropriate in situations where there is a significant delay between acceptance of the customer's order and the subsequent shipment.

Business

Predicate agreement means that a predicate must agree with its simple subject in number and in person

Indicate whether the statement is true or false

Business

Imagine that you have developed a software application and want to raise money for legal advice, filing initial business and regulatory forms, and funding your travel and marketing expenses. Describe how you would fund these early efforts.

What will be an ideal response?

Business

The overall goal in sizing up each of the external and internal factors is to:

A) determine the competitive position of the firm relative to its competitors. B) increase the value of the enterprise. C) assess the company's strengths and weaknesses. D) make better investment decisions.

Business