Which of the following is a TRUE statement? Group of answer choices A transaction is recorded...

Which of the following is a TRUE statement?

Group of answer choices

A transaction is recorded in accounting if it has a measurable financial effect on the assets, liabilities or stockholders' equity of a business.

Separate entity assumption in accounting requires that the financial activities of the owners of a company be reported on the company's balance sheet.

The cost principle states that recording activities at cost will result in the balance sheet representing the true value of the company.

Conservatism requires accountants to intentionally understate assets.

Expert Solution

Option ,A transaction is recorded in accounting if it has a measurable financial effect on the assets, liabilities or stockholders' equity of a business.

Reason: As per monetary unit assumption only those transactions that can be measured in terms of money is entered in to accounts. The transactions follow double entry system and hence effect the accounting equation of Assets = Liabilities + Stockholders equity overall.

ekkarill92 answered 2 years ago

Which of the following phrases will make this statement TRUE? Dispersion ______. Group of answer choices...

Which of the following phrases will make this statement TRUE? Dispersion ______. Group of answer choices describes the spreading of light as a result of differential refraction describes the spreading of light as a result of total internal reflection generates allochromatic colours in gemstones is a unique property to diamond describes the reflection of light that incidents on a medium of higher refractive index

Which of the following is NOT true? Group of answer choices Compared to this year, a...

Which of the following is NOT true? Group of answer choices Compared to this year, a discount bond’s price will increase next year, everything else equal. Compared to this year, a premium bond’s price will decrease next year, everything else equal. Compared to this year, a par bond’s price will remain constant next year, everything else equal. Compared to this year, a premium bond’s price will increase next year, everything else equal.

In physics, which of the following is true? Group of answer choices The weight of an...

In physics, which of the following is true? Group of answer choices The weight of an object depends on where the measurement takes place. In mechanics, weight and mass measure the same property of matter. In mechanics, the kilogram is an acceptable unit of force, as long as it is used to describe weight. Mass and weight are both vector quantities.

Which statement about DNA replication in eukaryotes is true? Group of answer choices Nucleotides are added...

Which statement about DNA replication in eukaryotes is true? Group of answer choices Nucleotides are added from beginning to end of one strand, from 5' to 3', and then to the other strand. Errors that occur during DNA replication are repaired by DNA polymerase. DNA helicase adds nucleotides with complementary bases to the strand of DNA that is being synthesized. DNA replication only occurs in somatic cells. Nucleotides are added to the 5' end of the growing DNA strand.

Which of the following statements is TRUE? Group of answer choices Under the doctrine of contributory...

Which of the following statements is TRUE? Group of answer choices Under the doctrine of contributory negligence, a plaintiff is compensated after taking into account his/her responsibility in a loss claim. Occurrence-based liability insurance exposes the insurer to long-tail claims. Inland marine insurance provides coverage mainly for transport on inland waterways.

Which of the following statements is TRUE? Group of answer choices a.A market is in equilibrium...

Which of the following statements is TRUE? Group of answer choices a.A market is in equilibrium when the number of buyers equals to the number of sellers b.In a free market system, markets (composed of large numbers of buyers and sellers) eventually reach equilibrium price and quantity c.The concept of equilibrium requires that all individuals have an equal amount of income d.The free market system creates a result that is both efficient and fair to everyone

Which of the following is true? Group of answer choices The DNA genome is fixed (set...

Which of the following is true? Group of answer choices The DNA genome is fixed (set and unchanging); the epigenome is modifiable during an individual's life The DNA genome is fixed (set and unchanging); the epigenome is fixed (set and unchanging) during an individual's life The DNA genome is modifialbe; the epigenome is modifiable during an individual's life The DNA genome is modifiable; the epigenome is fixed (set and unchanging) during an individual's life What is the epigenome? Group of...

Which of the following are true about transition state analogs? Group of answer choices They are...

Which of the following are true about transition state analogs? Group of answer choices They are molecules. [ Choose ]FALSETRUE They are enzymes. [ Choose ]FALSETRUE They fit in the active site of the target enzyme. [ Choose ]FALSETRUE They bind less tightly than the substrates of the normal enzyme-catalyzed reaction. [ Choose ]FALSETRUE They bind more tightly than the products of the normal enzyme-catalyzed reaction.

Which of the following is true regarding the make-up of the ribosome? Group of answer choices...

Which of the following is true regarding the make-up of the ribosome? Group of answer choices A. It contains more RNA subunits than protein subunits. B. The proteins play a larger role in the catalytic activity of the ribosome. C. The RNA make up more of the ribosome mass than the protein components. D. The nomenclature of the subunits (ie 50S) refers to the number of protein and RNA subunits

Which of the following statements about chloroplasts is true? Group of answer choices The stacks of...

Which of the following statements about chloroplasts is true? Group of answer choices The stacks of interconnected sacs within the chloroplast are known as stroma; this is where the light-collecting for photosynthesis occurs. The stacks of interconnected sacs within the chloroplast are known as thylakoids; the light-collecting for photosynthesis occurs here. Chloroplasts are found in eukaryotic cells, therefore they contain linear DNA. The DNA of the chloroplast is found within the thylakoid sacs. The chloroplast has one single membrane layer...

Question