Author Question: Prepaid insurance is reported on the balance sheet as a a. current asset b. fixed asset c. ... (Read 192 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
Prepaid insurance is reported on the balance sheet as a
 a. current asset
  b. fixed asset
  c. current liability
  d. long-term liability

Question 2

A master budget ________.
 
  A) is the initial plan of what the company intends to accomplish in the period and evolves from
  both the operating and financing decisions
  B) is a substitute for the management functions of planning and coordination
  C) improves companies' market capitalization and evolves from both the investing and financing decisions
  D) provides an ethical framework for decision making



kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

a

Answer to Question 2

Answer: A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

For a complete list of videos, visit our video library