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Which of the Following Are Market Activities

question 47

Essay

Which of the following are market activities?
a)sale of a bond
b)service of homemakers
c)volunteer services
d)purchase of illegal substances
e)purchase of a common stock
f)sale of used car

Understand the lean business model and its components.
Insight into the implementation phase of management decisions.
Recognize the professional designations and ethical standards in the accounting profession.
Understand the significance of benchmarking and total quality management (TQM) in improving business performance.

Definitions:

Organizational Expenses

Costs incurred during the formation of a corporation, partnership, or any business entity, such as legal and administrative fees.

Intangible Assets

Non-physical assets such as patents, trademarks, and goodwill that have value to a business.

Balance Sheet

A financial document that outlines the resources, obligations, and shareholder equity of a company at a given point, showing its economic condition.

Capital

Financial assets or the financial value of assets, such as cash and goods, used by a business to generate income.

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