Under which of the following theories would the accounting equation be Total Assets - Total Liabilities = Owners’ Equities?

a. Residual equity theory
b. Proprietary theory
c. Entity theory
d. Commander theory


ANSWER: B

Business

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If the landlord has rent , then the tenant has rent

a. revenue; revenue b. revenue; expense c. expense; revenue d. expense; expense

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When preparing a sales presentation to a prospect with a thinker personality, a salesperson should pay attention to all of the points, EXCEPT?

A. Prospect will probably desire an option that meets all of their criteria. B. Prospect will probably desire a discussion that helps facilitate a decision. C. Prospect will probably desire to understand the details. D. Prospect will probably desire being presented with many precise options. E. Prospect will probably desire an organized, detailed discussion and presentation.

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The terms self-leadership and teams do what with each other?

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