For accounting purposes, the business entity should be considered separate from its owners if the entity is

A) a corporation
B) a proprietorship
C) a partnership
D) all of the above

D

Business

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Interest revenue earned on held-to-maturity investments is reported on the income statement in the ________ section

A) other revenues and expenses B) current assets C) operating income D) minority interest

Business

The following returns were earned last year: Fund A, 10%, Fund B, 18%, the overall market, 14%. Fund A's beta was 0.8 while Fund B's was 2.0. Therefore, the best investment was Fund A

Indicate whether the statement is true or false.

Business