While prospecting, agent Weber came up on a homeowner who said he would sell his if he could get the price he wanted. He did not want o list his property with agent Weber, but said he would listen to any offer that might be present, and pay a commission if it was accepted. The most nearly describes what type of listing?

Which of the following are constraints that allow a company to modify generally accepted accounting principles without jeopardizing the usefulness of the financial statements?

A. Consistency and comparability B. Relevance and faithful representation C. Timeliness and neutrality D. Cost constraint

Which question does the balance sheet answer?

a. What costs did the business have for financing? b. What is the value of everything the business owns? c. How do our actual expenses compare to our budgeted expenses? d. From where does the cash originate?