Total Assets Must Equal the Sum of Which Sources of Financing

question 5

Multiple Choice

Total assets must equal the sum of which sources of financing?

• A)Spontaneous
• B)Temporary
• C)Permanent
• D)Spontaneous,temporary and permanent

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Definitions:

Entitativity

The perception of a group as a single entity, possessing clear boundaries and a coherent identity.

Aggregate

A total or whole made up of distinct elements or individuals gathered together.

Morality

A system of values and principles concerning the distinction between right and wrong or good and bad behavior.

Formation

The process of coming into existence or the act of creating or developing something.