Question: 1.) This is an accounting classification representing the short-term resources that the company owns. a) Inventory. b) owner's equity c) current liabilities d) current assets

1.) This is an accounting classification representing the short-term resources that the company owns.

a) Inventory.

b) owner's equity

c) current liabilities

d) current assets

e) accounts receivable

2.) This is a financial statement showing assets. liabilities and the shareholders ownership of a company.

a) sales revenue

b) income statement.

c) balance sheet

d) current assets

e) accounts payable

3) Which of these items are on the income statement?

a) net income and owner's equity

b) fixed assets and accounts payable

c) general and administrative expenses

d) earnings before interest and taxes and accounts receivable

e) sales revenue and current assets.

4) Which of the following is an example of a performance measurement system?

a) cash flow

b) balance sheet

c) the income statement

d) a balanced scorecard.

please solve all

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