Which of the following presents the proper ordering of assets, liabilities and equities on the statement of financial position used by some countries that is different from the U.S.?

a. current assets, long-term assets, current liabilities
b. inventories, trade-receivables, cash
c. assets, liabilities, equities
d. current liabilities, long-term liabilities, equities


b

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Which of the following statements about nonprofit help for whistleblowers is accurate?

a. The Project on Government Oversight has a narrow focus on military and military contractor fraud. b. The National Whistleblowers Center is exclusively a lobbying organization for whistleblower issues. c. The Government Accountability Project pursues whistleblowing cases across a wide range of fields. d. Whistleblowers who seek out the support of nonprofits must give up their anonymity and risk backlash by the companies that employ them.

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An alien corporation is a corporation formed in another country

Indicate whether the statement is true or false

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

1. The service sector is the dominant sector in terms of new business start-ups, but not jobs. 2. About 70 percent of the GDP is provided by the service sector of the economy. 3. The total amount of information in the world is doubling every five years. 4. Big businesses are likely to be a major source of jobs and economic influence for quite a while. 5. Small businesses are not likely to be a major player in the U. S. economy.

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It is legal for a union to begin a strike 30 days after it has informed the employer about the strike.

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

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