Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: mydiamond on Jul 11, 2018
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Liability arising out of work performed by independent contractors is referred to as
A) contractual liability.
B) contingent liability.
C) care, custody, and control liability.
D) customer's liability.
Question 2
The ________ measure a firm's performance over a specified period of time whereas a ________ provides a snapshot of the firm as of a specific date.
A) income and balance sheets; cash flow statement
B) balance sheet and cash flow statement; income statement
C) income and cash flow statements; balance sheet
D) None of the choices are correct.
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Answer to Question 1
Answer: B
Answer to Question 2
C