All of the following statements about the economic philosophy in texas are true except
a. texas is a right-to-work state and is proud of its pro-business climate.
b. the median wage in texas is much higher than the national average.
c. while texas has a high poverty rate, it also has a high number of billionaires living within its boundaries.
d. texas has one of the most regressive tax structures in the nation.
e. a regressive tax structure is one that places a higher tax rate on the poor than the wealthy.

What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.

Which stage of group development involves members introducing themselves to each other?

A. economic resources to be used or turned into cash within one year. b. reports assets, liabilities, and stockholders' equity. c. decrease assets; increase liabilities and stockholders' equity. d. increase assets; decrease liabilities and stockholders' equity. e. an exchange or event that has a direct and measurable financial effect. f. accounts for a business separate from its owners. g. the principle that assets should be recorded at their original cost to the company. h. a standardized format used to accumulate data about each item reported on financial statements. i. the basic accounting equation. j. the two equalities in accounting that aid in providing accuracy. k. the account credited when money is borrowed from a bank using a promissory note. l. cumulative earnings of a company that have not yet been distributed to the owners. m. every transaction has at least two effects. n. amounts presently owed by the business. transaction, separate entity assumption, balance sheet, liabilities, assets, current assets, notes payable, duality of effects, retained earnings, debit.