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EleoNora [17]
3 years ago
5

The more illiquid something is the easier it is to turn into cash. true or false?

Business
1 answer:
k0ka [10]3 years ago
4 0

Answer:

False

Explanation:

Illiquidity in the context of a business refers to a company that does not have the cash flows necessary to make its required debt payments, although it does not mean the company is without assets. 

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Maintaining good contact in a relationship is also known as the _______ of a relationship.
WITCHER [35]
Beginning of a rellationship
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3 years ago
Bob is hired by Carol to collect outstanding balances owed to her by her customers. However, Bob is not an attorney and cannot f
Sliva [168]

Answer:

A sub-agent

Explanation:

Since Mike who was hired by Bob is licensed to practice law, which would help him file a lawsuit against those who don't pay the outstanding balances owed, he is a sub-agent.

A sub-agent in legal law is someone who performs a fiduciary duty and incurs the same liabilities in regard to his immediate employers, like the sole principal.

4 0
3 years ago
Which of the following statements is false? A. Cash dividends should be recorded as a liability when they are declared by the bo
xenn [34]

Answer:

The answer is: B) FICA taxes withheld from employees' payroll checks should never be recorded as a liability since the employer will eventually remit the amounts withheld to the appropriate taxing authority.

Explanation:

FICA taxes (or payroll taxes) are based on an employee's salary. Both employees and employer pay FICA taxes for Social Security and Medicare. Employers withhold these taxes from their employees' paychecks, and then pays them to the Internal Revenue Service (IRS).

3 0
3 years ago
Recognizing something as a revenue instead of as a liability has a positive effect on the reported financial statements because:
Pani-rosa [81]

Revenue and liability has influence on reported financial statements because;

  • it understates liabilities
  • it overstates revenues

<h3>What is revenue and liability?</h3>

Revenue serves as the money that is been generated by the company as a profit while a liability serves as future sacrifices of economic benefits.

However, recognizing something as revenue instead of liability is dangerous because it can results in overstated net income.

Learn more about revenue at;

brainly.com/question/25855858

4 0
2 years ago
In a tcs project that involves tcp ip customer ip and or partner/vendor ip, it is important for the tcs project team to comply w
const2013 [10]

The majority of nations, including India, do not have special laws safeguarding trade secrets, in contrast to other intellectual property rights like patents, trademarks, and copyrights. To safeguard trade secrets, the parties usually depend on contract law or the theory of misappropriation.

<h3><u>The points explaining TCS Scenario:</u></h3>
  • Rapid product development in workplaces and workshops designed in the manner of Silicon Valley helps customers of TCS Digital Reimagination Studio to utilize the advantages of digital technology.
  • These workspaces and workshops foster creativity and extremely agile cooperation.
  • The fundamental elements of IP governance must be understood and used by TCS workers. Your access must be immediately terminated.
  • This protection is only available through patents and utility models. Another party who rightfully created the necessary knowledge, such as B. Independently created inventions, may patent a trade secret. Once the secret is revealed, anybody can utilize it anyway they choose.
  • Trade secrets are proprietary knowledge that has intellectual property (IP) rights that may be sold or licensed.
  • Generally speaking, for something to be deemed a trade secret, it must: be financially valuable due to its secrecy; be known exclusively by a small group of individuals.

To view similar question about Customer Ip, you can refer to:

https://brainly.in/question/43521181

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4 0
1 year ago
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