There are four transactions that directly affet owner's equity. Which are the two transactions that decrease owner's equity?
A. Owner's withdrawals and expenses
B. Revenues and expenses
C. Owner's investments and revenues
D. Owner's Investments and expenses
Ans: A. Owner's withdrawals and expenses
Business
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Which of the following is true of operations-oriented pricing?
a. It involves maintaining a fixed price for a product or a service throughout the year. b. It focuses on maximizing the surplus of income over costs. c. It seeks to match supply and demand by varying prices. d. It tries to maximize the number of customers using a service by improving its quality.
Business
The weekly report you prepare for your supervisor about your team’s progress toward performance targets is considered:
Business