The Closing Capital Account Balance Is Always Equal To

question 7

Multiple Choice

The closing capital account balance is always equal to:

• A) Non-current assets PLUS current assets PLUS current liabilities LESS long-term liabilities.
• B) Non-current assets PLUS current assets LESS current liabilities LESS long-term liabilities.
• C) Non-current assets LESS current assets LESS current liabilities LESS long-term liabilities.
• D) Non-current assets PLUS current assets LESS current liabilities PLUS long-term liabilities

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Definitions:

Distributive Justice

Concerns the fair allocation of benefits and resources among individuals in a society or group, considering equity and equality.

Disclosure

The act of making new or secret information known.

Ethics Competency

The ability to recognize, analyze, and act upon ethical issues and dilemmas in a transparent and principled manner.

UN Global Compact

An initiative where CEOs voluntarily commit to adopting universal principles of sustainability and to undertaking actions that further the objectives of the United Nations.