What is the accrual basis?
What will be an ideal response?
Ans: Revenue is recorded when it is earned, expenses are recorded when incurred
Business
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Which of the following is classified as a short-term investment?
A) marketable securities B) real estate investments C) fixed assets D) highly illiquid equity securities that are expected to be held for more than one year
Business
During a presentation, a speaker should:
a. stay on the speaker's side of the "glass wall" b. plan to do all the talking while the audience does all the listening c. both of the above d. none of the above
Business