Answer: true. Trust me u took the test
Stocks and bonds each have a different level of risk and behave differently in response to changes in the financial markets. They may also be key ingredients in your mutual funds.
Putting portions of your money into different types of investments could help you in case some of them don’t measure up.
a. The amount of land on the balance sheet will be $36,000 which is historical cost of the land. Land is not subject to depreciation so it is recorded at historical cost and not carrying value.
b. The amount of rent expense reported on Income statement will be $5,500 [ $ 6,000 * 11 /12 months ]
c. The total amount of liabilities reported on the balance sheet will be $43,800. This includes the contingent liabilities and warranties.
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Answer:
B. Biases
Explanation:
A bias occurs when an individual makes an ill informed decision. This usually results from previous experience or deeply held beliefs about a situation. The individual diverges from rational choice and are rather influenced by emotions and invested opinions.
When a person says capitalists focus more on money and do not care for their workers, this is a subjective statement that is not based on facts. In capitalism it is not all employers that focus on only making money. Employer-employee relations are important for efficient production. So this statement is made on the basis of the speaker's bias.
Answer:
. c. Ownership can be transferred without affecting operations.
d. Managers can be fired with no effect on ownership.
Explanation:
Corporations are types of business organisation. A corporation is owned by shareholders. Ownership can be transferred by acquiring shares in the company.
Shareholders usually have a limited liability.
Managers are hired by the owners to run the business. Managers can be fired with no effect on ownership because they aren't owners of the company.
Corporations usually have unlimited life.
I hope my answer helps you
