Explain the concept of an accounting identity. What will be an ideal ...

Author Question: Explain the concept of an accounting identity. What will be an ideal ... (Read 2781 times)

james0929

Hero Member
Posts: 586

on: Jun 30, 2018

Explain the concept of an accounting identity.

What will be an ideal response?

Question 2

The market price of existing bonds is ________ to the rate of interest prevailing in the economy.

A) directly related B) inversely related C) synonymous D) totally unrelated

shaquita

Sr. Member
Posts: 324

Reply #1 on: Jun 30, 2018

Answer to Question 1

Two variables are related by an accounting identity when the two variables are mathematically identical.

Answer to Question 2

B

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).