Which of the financial statements used by businesses to keep track of their financial affairs is the most similar to an ordinary person's end-of-the month bank statement?
A) Income statement
B) Balance sheet
C) Statement of cash flows
D) Statement of ratio analysis
E) Statement of owners' equity
C
Business
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Efficiency norms aid in maximizing the amount of wealth in our society
Indicate whether the statement is true or false
Business
Which of the following is not a responsibility or personal quality needed in an arbitrator?
a. prior knowledge of the grievance issue b. freedom from any bias c. well-rounded understanding of labor relations d. awareness of the principles of arbitration.
Business