Operating, investing, and financing activities affect certain balance sheet accounts. Which of the following statements is true?
a. Operating activities primarily involve transactions which affect noncurrent assets.
b. Investing activities primarily involve U.S. government securities and long-term productive assets.
c. Financing activities primarily involve transactions which affect current liabilities.
d. Different balance sheet accounts are affected depending on whether the direct or indirect method is used.
b
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Which of the following is NOT a technique for achieving coherence?
a. Repeat a word used in a preceding sentence. b. Use a pronoun to represent a noun from the preceding sentence. c. Use connecting words. d. Use active voice.
Which sentence is punctuated correctly?
A) Special discounts were offered at the Holiday Inn, Clairemont Avenue, Embassy Suites, Lexington Parkway, and Best Western, Riverfront Street. B) Special discounts were offered at the Holiday Inn; Clairemont Avenue, Embassy Suites; Lexington Parkway, and Best Western; Riverfront Street. C) Special discounts were offered at the Holiday Inn, Clairemont Avenue; Embassy Suites, Lexington Parkway; and Best Western, Riverfront Street.
Every business, regardless of its size, should hire an accountant to help it set up its books
Indicate whether the statement is true or false
In which of the following forms of multi?unit housing does the owner own the land?
A) Condominium B) Co?op C) Townhouse D) All of the above