Debts owed by a business are called: A) assets. B) owner's ...

[piesebel]

Debts owed by a business are called:
 A) assets.
  B) owner's equity.
 C) liabilities.
  D) equities.
  E) revenues.

Question 2

A television production company fully delegates authority to those working on each production project. What is the likely effect on the organization?
 A) More control, more empowerment
  B) More control, less empowerment
  C) Less control, less empowerment
  D) More efficiency, more empowerment
  E) Less control, more empowerment

[ally]

Answer to Question 1

C

Answer to Question 2

E