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Harman [31]
3 years ago
11

The economic entity assumption requires that the activities of an entity be kept separate and distinct from the activities of it

s owner and all other economic entities.
a. True
b. False
Business
1 answer:
exis [7]3 years ago
7 0

Answer:

The correct answer is letter "A": True.

Explanation:

In <em>Accounting</em>, the entity principle states that the activities of the company must be recorded separately from the activities of the company's owners. By doing so, all the assets and liabilities of the firm will be excluded from the ones that the owners possess.

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Sheila has recently been promoted to a senior position in the HR department of a multinational company. According to her new job
kobusy [5.1K]

Answer:

The correct answer would be option D, Global and cultural effectiveness and relationship management.

Explanation:

Human Resource is a department which is considered the most important and crucial part of any company. This is because of the fact that HR department is the one who is responsible for everything concerning the employees. So if the job of the senior HR personnel is to build networks across the countries to provide local support for the company's operation in various countries, then the competency which the personnel must have is the global and cultural effectiveness and relationship management, because that personnel must need global and local cultural effectiveness to act as a link between them to fulfill the job given.

7 0
3 years ago
Which of the following statements is false regarding the risk assessment component of internal control? a. Risk assessment inclu
natali 33 [55]

Answer:

Economic changes would not be considered a risk that needs to be analyzed as part of the risk assessment process.

Explanation:

Risk assessment is the process of identifying events that could potentially cause harm, to an individual, business or the environment and analysing them to get an acceptable tolerance level.

Risk assessment determines the likelihood of an event happening, it's impact, and tolerability the entity can take.

The environment is a major consideration of risk assessment, as risk is always inherent as business interacts with its environment.

7 0
3 years ago
Which of the following is an example of a functional team? a. A plastic surgeon, a dentist, a nurse, and a health insurance spec
lisabon 2012 [21]

Answer:

the anser is c

Explanation:

no clue just did the test

8 0
3 years ago
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A government budget surplus from reduced government spending​ (no change in net​ taxes) will​ ________ the level of investment i
miss Akunina [59]

Answer:

Increase; Increase

Explanation:

A government budget surplus from reduced government spending​ (no change in net​ taxes) will​ increase the level of investment in the economy and​ increase the level of total saving​ (private plus​ public) in the economy

6 0
3 years ago
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Which of the following refers to the availably of resources that make doing business with that country​ possible? A. Competitive
polet [3.4K]

Answer:

B. Economic infrastructure

Explanation:

Economic infrastructure -

It is the activities and the facilities that helps the development and operations of various sectors of the society , is referred to as economic infrastructure.

Economic infrastructure plays a major role in the proper functioning of the economy.

The enables to increase the productivity of the economy .

Hence, from the given statement of the question,

The correct option is B. Economic infrastructure  .

7 0
3 years ago
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