Paid-in surplus is classified as:

a. owner's equity
b. net working capital
c. a current asset
d. a cash expense
e. long-term debtf

Answer: a. owner's equity

Business

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Contingency planning is an important part of _____

a. personnel management b. outsourcing c. crisis management d. personnel productivity planning

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In the context of insurance, the term liability is used to mean that you may be required to pay other individuals for damages that you caused to them or their property

Indicate whether the statement is true or false.

Business