Which One of the Following Statements Is True

question 33

Multiple Choice

Which one of the following statements is true?

• A)A company's own stock is its most liquid asset.
• B)Profits are normally kept in a company's retained earnings until distributed as dividends.
• C)Long-term investments will be used to pay current liabilities.
• D)Current assets have no physical substance.

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Definitions:

Paired Comparisons

A technique used in decision making and evaluation, where options are compared in pairs to judge which is preferable or has greater value.

Job Descriptions

Written statements that describe the duties, responsibilities, required qualifications, and reporting relationships of a particular job.

Job Specifications

A detailed description of the qualifications, skills, and experiences required for a job.

Performance Appraisals

The process of evaluating and documenting an employee's performance with the aim of increasing individual, group, and organizational effectiveness.