Which of the Following Statements Is NOT True

question 28

Multiple Choice

Which of the following statements is NOT true?

• A) Judgements need to be made in determining profit.
• B) Attempts are made to measure incomplete transactions.
• C) The impact of transactions is recognised when cash is received or paid.
• D) Estimates are made of certain balance sheet items.

Convert fractions to their decimal and percent equivalents.

Convert decimal values to their percent equivalents.

Use percentages to find an original amount before a percentage increase.

Determine the percentage of one quantity relative to another.

---

Definitions:

Amazon.com Business Models

The strategic plan that Amazon.com uses to generate its revenue streams, including e-commerce, cloud computing, digital streaming, and artificial intelligence.

Business Model

A strategic plan outlining how a company creates, delivers, and captures value, essentially explaining how it operates and makes money.

Business Model Canvas

A strategic management template for developing new or documenting existing business models, outlining nine key components of a business.

Multisided Market

A platform or market that facilitates interactions between two or more distinct but interdependent groups of customers.