The Assets of Moon Company Are $160,000 and the Total

question 15

Multiple Choice

The assets of Moon Company are $160,000 and the total liabilities are $60,000.The equity is ________.

• A)$160,000
• B)$220,000
• C)$60,000
• D)$100,000

Recognize different types of plans (strategic, operational, tactical, single-use, and standing) and their purposes.

Identify the characteristics of SMART objectives and their application in effective planning.

Distinguish between various planning tools and techniques, including forecasting, budgeting, and scenario planning.

Comprehend the steps involved in the planning process and how they contribute to achieving organizational objectives.

---

Definitions:

Natural Gas

A fossil fuel consisting mainly of methane, used as an energy source for heating, cooking, and electricity generation.

Knocking

A phenomenon in internal combustion engines when fuel burns unevenly, causing vibrations that can damage the engine.

Alkanes

Saturated hydrocarbons containing only single bonds between carbon atoms, generally characterized by the formula CnH2n+2.

Commercial Uses

Applications or purposes of a product, substance, or technology in various industries for profit generation and consumer needs fulfillment.