Author Question: All of the following are acceptable ways of stating the accounting equation except: A) owners' ... (Read 77 times)

mcmcdaniel · **on:** Jul 14, 2018

All of the following are acceptable ways of stating the accounting equation except:
A) owners' equity = assets - liabilities.
B) assets = liabilities + owners' equity.
C) owners' equity - liabilities = assets.
D) assets - liabilities = owners' equity.
E) liabilities = assets - owners' equity.

Question 2

Brandon, a branch manager for a large car rental company, reports to an area manager who oversees Brandon's store as well as five other stores. The area manager then reports to a regional rental manager who oversees a total of six area managers. Given that Brandon's company has a _____ structure, Brandon may feel frustrated that _______________.
A) matrix; he lacks the resources he needs to properly manage his branch.
B) line and staff; there is conflict among the employees.
C) line; he lacks the resources he needs to properly manage his branch.
D) line and staff; he has two managers.
E) matrix; he feels isolated in his current position.