Which of the Following Statements Is False

question 144

Multiple Choice

Which of the following statements is false?

• A)Factors affecting the amount of savings include: levels of income, economic expectations, cyclical influences, and the life stage of the individual saver.
• B)Gross savings are the profits remaining after tax, and in the case of corporations, after the payment of cash dividends to stockholders.
• C)Voluntary savings are financial assets set aside for use in the future.
• D)After the Civil War, the United States enjoyed an autonomous capital formation process.

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Definitions:

Intangible Assets

Assets that lack physical substance, such as patents, trademarks, goodwill, and copyrights, having value due to the rights and advantages they provide to a business.

Tangible Assets

Physical assets that have a concrete form, such as buildings, machinery, vehicles, and inventory.

Prospective Buyer

A potential customer who has demonstrated interest in purchasing a product or service, but has not yet completed the transaction.

Tangible Assets

Physical items of value owned by a company, such as machinery, buildings, or land.