The Computation of a Safe Installment Payment for the XYZ

question 50

Multiple Choice

The computation of a safe installment payment for the XYZ partnership resulted in only partner Z receiving cash.Which of the following statements is correct?
I.Partner Z lent the partnership cash,and the partnership had to pay back the loan to Z before distributing cash to X and Y.
II.After assuming all noncash assets were potentially worthless and that assumed capital deficits created in X's and Y's capital balances were losses to be allocated to Z;Z's capital balance was the only capital balance left with a credit.

• A)I only
• B)II only
• C)Either I or II
• D)Neither I nor II

---

Definitions:

Political Factors

Elements related to government policies, political stability, and legislative changes that can impact an organization's operation and strategic decisions.

International Labour Organization

A United Nations agency that sets international labor standards and promotes rights at work.

Rights Of Workers

Refers to the legal and ethical entitlements of employees in the workplace, covering aspects such as fair pay, safe working conditions, and freedom from discrimination.

Specialized Agency

An organization focused on a specific sector or field, offering expert services or products tailored to its unique demands and challenges.