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Which of the following statements is false?Select one:Oa . Earning revenue is an operating activity offa business.O b . An increase or decrease in income
Which of the following statements is false?Select one:Oa Earning revenue is an operating activity offa business.O b An increase or decrease in income will ultimately affect the balance sheet. c The Securities and Exchange Commission SEC is the governmental agency that regulates the stock market and enforces reporting standards for publicly traded corporations. dEquipment, accounts payable, cash, and inventory would all be found in the asset section of a balance sheet. e Stockholders Equity is financing provided by the owners and by the operations of the business.
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