Michael mcnamee is the proprietor of a property management company, apartment exchange, near the campus of penscola state college. the business has cash of $8,000 and furniture that cost $9,000 and has a market value of $13,000. the business debts include accounts payable of $6,000. michael's personal home is valued at $400,000, and his personal bank account has a balance of $1,200. identify the principle or assumption that best matches the situation:
a. michael's personal assets are not recorded on the apartment exchange's balance sheet.
b. the apartment exchange records furniture at its cost of $9,000, not its market value of $13,000.
c. the apartment exchange reports its financial statements in u. s. dollars.
d. michael expects the apartment exchange to remain in operations for the foreseeable future.

Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.

Which of the following is true about presentation methods for providing training? audiovisual techniques are most effective when they are used alone. mobile technologies include training methods such as on-the-job training, simulations, business games and case studies, behavior modeling, interactive video, and web-based training that require the trainee to be actively involved in learning. the typical users for teleconferencing include employees who are part of a workforce that spends most of its time traveling, visiting customers or various company locations and has limited time available to spend in traditional training activities. webcasting involves classroom instructions that are provided online through live broadcasts. classroom instruction is no longer a popular training method because of new technologies such as interactive video and computer-assisted instruction.