Answers

AO

Answered

The speculative motive for holding money is

A) the desire to hold money to undertake unexpected transactions.
B) the desire to hold money instead of other assets in anticipation of changes in economic conditions.
C) the desire to hold silver instead of gold.
D) the desire to hold money to complete purchases of goods and services.

On Jul 18, 2024


B
AO

Answered

Information presented in a variable costing format can assist management when making short-term pricing decisions.

On Jul 17, 2024


True
AO

Answered

A good fit between employee preferences and organizational culture can do little to enhance an employees outlook on their part within an organization.

On Jun 18, 2024


False
AO

Answered

In Lach v.Man O'War,LLC,the case in the text,why did the court hold that the general partners were not required to comply with the requirements for conversion?

A) A new LLC was formed and the limited partnership dissolved.
B) The partners did not owe a fiduciary duty to one another.
C) The partners were unable to carry out the business due to extenuating circumstances.
D) The partnership agreement contained a conversion clause.

On Jun 17, 2024


A
AO

Answered

In intestate succession what is the term for the individuals that stand to inherit the decedent's assets?

A) Probate
B) Heirs
C) Incorporation
D) Executors

On May 19, 2024


B
AO

Answered

It is permissible for a firm that reports in accordance with IFRS to emphasize its liquidity by placing current assets and current liabilities in close proximity to one another on the balance sheet.

On May 18, 2024


True