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General accounting

I. 1. What is a firm? : exercises

 

Exercises

  1. Describe a typical firm.

  2. What are the possible monetary counterparts to a physical flow?

  3. What are the two main legal structures of a firm?

  4. What is the other name of the owners of a firm?

  5. Are the employees parts of the assets of the firm?

  6. How are organised the pieces of information generated by the firm's activities?

 

 

 

Exercise 1: Describe a typical firm.


 

 

 

 

Exercise 2: What are the possible monetary counterparts to a physical flow?


 

 

 

Exercise 3: What are the two main legal structures of a firm?


 

 

 

 

Exercise 4: What is the other name of the owners of a firm?


 

 

 

 

Exercise 5: Are the employees parts of the assets of the firm?


 

 

 

 

Exercise 6: How are organised the pieces of information generated by the firm's activities?


 

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