Which of the Following Statements Is True

question 42

Multiple Choice

Which of the following statements is true?

• A) If the liabilities owed by a business total $450 000,then the assets also total $450 000.
• B) If the assets owned by a business total $500 000,then shareholders' equity also totals $500 000.
• C) If the assets owned by a business total $90 000 and liabilities total $50 000,then shareholders' equity totals $40 000.
• D) If the assets owned by a business total $90 000 and liabilities total $50 000,then shareholders' equity totals $140 000.

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Definitions:

Succession Planning

The process of identifying, developing, and tracking key individuals for executive positions.

Realistic Job Previews

A technique used in recruitment that provides potential employees with a clear and accurate understanding of what a particular job entails before they decide to apply or accept a position.

Turnover

The rate at which employees leave a company and are replaced by new hires over a particular period.

Human Resources Information Systems

Integrated systems used to gather, store, and analyze information regarding an organization’s human resources.