An out-of-pocket costs is:

A. a deferred cost.
B. an actual outlay of cash.
C. a budgeted estimate.
D. the cost of not doing something.


Answer: B

Business

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One definition of earnings management is that it occurs when managers use

a. judgment in financial reporting to alter financial reports to mislead stakeholder. b. an accounting method that is inconsistent with other industry members. c. more conservative accounting estimates than other companies. d. pro forma accounting results as opposed to GAAP results.

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Why is culture like an iceberg?

a) It is cold b) Many cultures are isolated c) Most of its mass is invisible d) Culture floats to the top of society

Business

In most cases, a contract that prohibits its assignment can still be assigned

Indicate whether the statement is true or false

Business

An approach to implementing a software application where little or no software is installed and local computers, where the data is isolated between organizations a service computer is called _______

a. a software service b. a Web service c. a remote application d. software as a service

Business