31. Accounting is primarily concerned with matching revenues and expenses while finance focuses on
42. The goal of the firm is the maximization of profits and market share.
36. The most desirable form of business organization from a liquidity standpoint is a corporation.
5. Typically, a close estimate of market value added (MVA) is the market value of equity less the book value
17. A limited liability company can have an unlimited number of shareholders, including other corporations.
27. One of the important reasons corporations can accumulate large sums of capital is that they are allowed to
8. Proprietorships are the most widely used form although they are generally the smallest organizations in