The making of an offer occurs prior to the formation of a contract

A strength of the income statement as compared to the balance sheet is that items that cannot be measured reliably can be reported in the income statement.

a. true b. false

Coordinating investments in a 401(k) plan with investments outside the plan usually

A) involves selecting high current-return assets in plan with growth assets outside. B) involves selecting growth assets in plan with high current return assets outside. C) dictates the same proportion of growth assets to high-income assets, both in and out of plan. D) means having sufficient liquidity both in and out of plan.