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Lilit [14]
3 years ago
15

Which of the following is true of a partnership?

Business
1 answer:
Readme [11.4K]3 years ago
4 0

Answer: Option (B)

Explanation:

A partnership is referred to as or known as an arrangement where organizations, parties, business partners, tend to agree to cooperate with each other in order to advance the mutual interests they have. These partners that are in partnership may tend to be businesses, individuals, organizations, governments. Organizations tend to partner in order to increase their likelihood of achieving the mission and also amplify reach.

You might be interested in
G why is the future value always more than the present value?
olya-2409 [2.1K]
The future value is always more than the present value because the value of the dollar can be higher in the next day. plus it can be adding the interest in the future value. 
3 0
2 years ago
Zach is a salesperson at a large medical supply company. the company wants zach to learn to manage multiple departments, so it o
artcher [175]

Answer: Payment for Knowledge

Explanation:Training is a key aspect  for  a company's improvement   development and success. It is beneficial to both employers and employees of an organization. An employee will become more efficient and productive if he is trained well.

Due to the continuous updates and improvement  in the world technology relating to  businesses,  Most Organisations are willing to pay for training   thier employees  off the job so to cope up with those changes, improve the  working conditions, and enhance their knowledge.

Even though such training are costly,on the long run,  they  improve efficiency and productivity of employees. Well trained employees show both quantity and quality performance leading to optimal use of time, money and resources.

The company seeking for Zach to learn to manage multiple departments, and proferring  to pay his tuition while he earns an mba at stanford university and give him a $20,000-a-year raise once he gets his degree  shows that the company is willing to pay for more knowledge as that hopefully will go a long way to improve their productivity when he returns.

5 0
3 years ago
The grapevine is perceived by most employees as being more believable and reliable than formal communiqués issued by management.
pantera1 [17]

Answer: False

Explanation: Grapevine is an informal communication channel in the organisation in which the information flows  in all directions irrespective of the level of authority.

This is not considered to be a reliable channel as it does not make any authority or obligation to anyone and often leads to false rumors in the organisation. Whereas in the case of formal communiques one can make the authority of the sender of the message if the information lead to any false rumors and chaos.

Thus, the given statement is false.

4 0
3 years ago
​Serenity, Inc.'s Receivable increased by $ 43 comma 000 and its Accounts Payable increased by $ 23 comma 000. What is the net e
Shalnov [3]

Answer:

A net cash outflow or cash used up of $20,000

Explanation:

The statement of cash flows show the movement in cash balances between the start and end of an accounting period. This movement is as a result of 3 groups of activities namely; operating, investing and financing activities.

Cash activities related to elements of working capital are recognized in the operating section. An increase in a current asset other than cash is treated as an out flow of cash while an increase in a current liability is treated as an inflow of cash and vice versa.

Hence the net effect on cash from operations under the indirect​ method

= -$43,000 + $23,000

= -$20,000

4 0
3 years ago
Dogs R Us has two product lines: collars and leashes. Income statement data forecasted for next year is as follows: COLLARS LEAS
Temka [501]

Answer: -$2,565

Explanation:

Operating Income with the Leashes line is $11,000.

If the Leashes line is dropped, the operating income would be:

= Sales of Collars - Variable expenses - Fixed expenses of Collars - Residual fixed expenses pf Leashes

= 210,000 - 135,000 - 56,000 - (38,000 - 27,435)

= $‭8,435

Change in Total income =  Income without Leashes - Income with LEASHES

= 8,435 - 11,000

= -$2,565

8 0
3 years ago
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