C214 oa stuvia - Study guides, Class notes & Summaries
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WGU C214 Financial Management OA Study Set Questions & Answers Correct 100%
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Trading on the NYSE is executed without a specialist (i.e. a market maker). True or False? - ANSWERSFalse 
 
Stocks and Bonds are two types of financial instruments. True or False? - ANSWERSTrue 
 
When revenue is matched with cost of sales in an Income statement it is called? - ANSWERSMatching principle 
 
Basic balance sheet equation is what? - ANSWERSEquity = Assets - Liabilities 
 
Why is the balance sheet known as the permanent statement? - ANSWERSBecause the other statements are reset at t...
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