Solve Using Cramer's Rule

question 6

Multiple Choice

Solve using Cramer's rule.
-2x + 2y = 22 2x - 2y = 2

• A) (5, 6)
• B) (-5, 6)
• C) (6, 5)
• D) (-6, -5)

Distinguish different types of organizational structures and their characteristics.

Know the principles of organizing and the process of organizing within a company.

Differentiate between line authority, staff authority, and functional authority.

Understand the concepts of centralized and decentralized authority and their implications in organizational management.

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Definitions:

Customer Refund Payable

A liability account representing the obligation of a business to return money to a customer due to overcharging or returning merchandise.

Accounting Equation

A fundamental financial principle representing the relationship between an entity’s assets, liabilities, and equity; expressed as Assets = Liabilities + Equity.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the owners' share of the company.

Statement

A written record detailing the financial performance or position of a company at a specific point in time.