Author Question: An automobile manufacturer purchases a piece of new equipment for the factory using cash. The ... (Read 142 times)

charchew · **on:** Jul 14, 2018

An automobile manufacturer purchases a piece of new equipment for the factory using cash. The equipment is considered __________ on the balance sheet.
A) an asset
B) a liability
C) owner's equity
D) inventory
E) a short-term investment

Question 2

A manager with few subordinates is said to have a:
A) narrow span of control.
B) flat span of control.
C) tall span of control.
D) line span of control.
E) wide span of control.