The balance sheet shows the worth of a business over a period of time

Indicate whether the statement is true or false

FALSE

Business

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A key can be composed of a group of attributes taken together

Indicate whether the statement is true or false

Business

If an investment is to be held only for a short time, it should be classified on the balance sheet as a ________

A) current liability B) noncurrent asset, which appears in a separate investments category C) noncurrent asset, which appears as part of other assets below the plant assets category D) current asset E) liquid asset

Business