Which of the following categories of accounts are temporary accounts that are closed at the end of the year?
A) assets, liabilities, and dividends
B) revenues, expenses, and dividends
C) assets, liabilities, and stockholders' equity
D) revenues, expenses, and stockholders' equity
B
Business
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The duty of cooperation prevents a principal from ________
A) engaging in behavior that interferes with the reasonable conduct of an agent as agreed upon in a contract B) engaging in behavior that violates the standards set for creating a safe working environment for employees C) ratifying an agent's unauthorized actions D) indemnifying an agent for losses suffered on the principal's behalf
Business
Explain why the standard deviation represents risk
What will be an ideal response?
Business