Computer Corporation Is Starting Its Computer Programming Business and Has

question 121

Multiple Choice

Computer Corporation is starting its computer programming business and has sold stock of $15,000.Identify how the accounting equation will be affected.

• A) increase in assets (Cash)and increase in liabilities (Accounts Payable)
• B) increase in assets (Cash)and increase in Stockholders' Equity
• ​
• C) increase in assets (Accounts Receivable)and decrease in liabilities (Accounts Payable)
• D) increase in assets (Cash)and increase in assets (Accounts Receivable)

Understand the concept of opportunity costs and how it influences financial decision-making.

Apply cost-volume-profit analysis to determine break-even points and target profit scenarios.

Identify and calculate relevant costs for investment decisions and understand sunk costs.

Analyze how changing billing policies affects operational costs and consumer behavior.

---

Definitions:

Interpersonal Skills

Abilities and traits that enable a person to communicate and interact effectively with others.

Individualistic Cultures

Societies that emphasize the importance of personal goals and individual rights over collective goals and interests.

Collectivistic Cultures

Societies that prioritize the goals and needs of the group over the individual, emphasizing community, cooperation, and shared values.

Self-enhancement

The motivation or tendency to maintain or enhance one's positive self-view through actions or beliefs.