Maintaining a stable workforce generally results in the firm paying higher wages than a firm that varies workforce level with demand

The Enron financial scandal increased uncertainty about the quality of accounting information and as a result, increased required return on investment in stocks

Indicate whether the statement is true or false

All of the following accounts would be considered assets EXCEPT for:

A) Cash. B) Retained Earnings. C) Prepaid Expenses. D) Notes Receivable.