Answer:
c. convergent thinking
Explanation:
Convergent thinking is the ability to think quickly about one or two good solutions to a problem, without needing to spend your time and thinking about it. This is especially important when it comes to decision-making processes. This is very different from a different idea, where you come up with a lot of possibilities
The statements are:
Because Dazzle is not a separate tax entity, all the owners declare revenue earned through the company on their personal federal tax returns.
The $5 million dollar villa is protected from business liabilities unless the liability is incurred through wrongful acts.
Answer: The correct answer is "B. may be less than the variance of the least risky stock in the portfolio.".
Explanation: If a stock portfolio is well diversified, then the portfolio variance may be less than the variance of the least risky stock in the portfolio.
This occurs because diversifying the risk results in a lower risk in the total portfolio.
Answer:
The subject property should be valued at $760,000
Explanation:
Sales comparison approach to valuation in real estate values properties by comparing their similar characteristics, and the features are priced. The total value of a property is thus the addition of all features.
In the instance given, both properties have 3 bedrooms and 2 bathrooms and so using comparison theses features are equally priced at $690,000.
So the property with the golf course will have $690,000 added to the value of the golf course ($70,000).
That is $760,000.
Answer:
Gain and loss accounts
Explanation:
Gain and loss accounts are a form of temporary accounts that are utilized to gather combined sales and purchases that has an effect on the profit or loss of business activities over a given period, which is typically in a year. For example, the loss on property sold account.
Hence, in this situation, the correct answer to the question is known to be a GAIN and LOSS ACCOUNT.
