Which of the following is authorized to manage property for the general public.
a. A licensed real estate broker.
b. Someone holding the certified property manager designation.
c. Any affiliate member of the California Association of Realtors.
d. Any of the above.
Answer: a. A licensed real estate broker.
Business
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Intangible assets are reported on the balance sheet
a. with an accumulated depreciation account. b. in the property, plant, and equipment section. c. separately from other assets. d. none of the above.
Business
How do gross profits, operating income, and net income relate to the areas of business activity reported in the
income statement? What will be an ideal response?
Business