Contract administration is a term used to describe interpreting, applying and resolving conflicts pertaining to collective bargaining agreements.
Answer the following statement true (T) or false (F)
True
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With regard to preferred stock,
a. its issuance provides no flexibility to the issuing company because its terms always require mandatory dividend payments. b. no dividends are expected by the stockholders. c. its stockholders may have the right to participate, along with common stockholders, if an extra dividend is declared. d. there is a legal requirement for a corporation to declare a dividend on preferred stock.
Answer the following statements true (T) or false (F)
1. Personality plays a role in decision-making. 2. How decisions are framed will not affect the decisions that are made. 3. Losses weigh more heavily emotionally in decision-making than an equivalent gain. 4. System 1 thinking requires mental effort, including complex calculations.
In determining cash flows from operations under the indirect method, the adjustments to convert net income to cash flow from operations generally involve _____ the amount by which an expense exceeds the related cash expenditure for the period (for depreciation, the entire amount)
a. subtracting b. multiplying c. adding d. dividing e. cannot be determined from the information provided
The primary difference between a periodic and perpetual inventory system is that a
A) periodic system determines the inventory on hand only at the end of the accounting period B) periodic system keeps a record showing the inventory on hand at all times C) periodic system provides an easy means to determine inventory shrinkage D) periodic system records the cost of the sale on the date the sale is made