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NEW QUESTION: 1
Which of the following is considered a characteristic of equity?
A. Equity represents the residual ownership of a business.
B. Equity represents a claim against a business that is senior to liabilities.
C. All forms of equity must ultimately be repaid by a business.
D. None of these answers.
E. Compensation to the holders of equity takes precedence over that required to the holders of liabilities.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Equity refers to the claims of the owners of a business. Equity investors expose themselves to greater risk than the holders of liability claims because owner's claims are junior to liability instruments. Equity claims against income and assets are last in line; thus, they are residual.
NEW QUESTION: 2
Project specifications require that when features are queried and edited, users must have seamless access to
associated plans and images for each feature. Specifications also require that the plans and images be stored in
me geodatabase.
How can the technician associate and view the plans and images?
A. Use a graphic Ideas a thumbnail
B. Enable and Add Attachments
C. Configure Pop-ups elements
D. Load elements into BLOB field
Answer: C
NEW QUESTION: 3
The use of standard operating procedure questionnaires in audit fieldwork can be beneficial because:
A. These questionnaires do not normally require prior clearance with management of the audited area.
B. These questionnaires can both identify discrepancies and educate clients.
C. These questionnaires are more comprehensive than are other types of techniques for gathering data during fieldwork.
D. Standard operating procedures are essential to the effectiveness and efficiency of operations.
Answer: B
