If the liabilities owed by a business total $300,000 and owners equity is equal to $300,000, then the assets also total $300,000
Indicate whether the statement is true or false
False
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Which of the following is considered to be a transaction control?
a. Controls to monitor other controls. b. Policies that address significant business control practices. c. Centralized processing controls. d. Physical controls to safeguard assets.
The upscale suburban mall has many trendy chic boutique
What will be an ideal response?
Because the acceptable rate of accuracy is 70% among Internet journalists, dealing with the media has grown increasingly challenging
Indicate whether the statement is true or false
According to research on service industry companies, which of the following types of organizations rated highest in innovation and risk taking?
A. consulting firms B. all service industry companies scored about average C. transportation companies D. accounting firms