Supplemental disclosures required only when the statement of cash flows is prepared using the indirect method include

a. a schedule reconciling net income with net cash provided by (used in) operating activities.
b. amounts paid for interest and taxes.
c. amounts deducted for depreciation and amortization.
d. significant noncash investing and financing activities.


B

Business

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According to the model of buyer behavior, which of the following is one of the two primary parts of a "buyer's black box"?

A) technological stimuli B) buyer's decision process C) buyer's spending habits D) social stimuli E) promotion stimuli

Business

Unless otherwise agreed, the buyer has the right to inspect the goods before making payment

Indicate whether the statement is true or false

Business

Cheers Inc. operates as a partnership. Now the partners have decided to convert the business into a regular corporation. Which of the following statements is CORRECT?

A. Assuming Cheers is profitable, less of its income will be subject to federal income taxes. B. Cheers will now be subject to fewer regulations. C. Cheers' shareholders (the ex-partners) will now be exposed to less liability. D. Cheers' investors will be exposed to less liability, but they will find it more difficult to transfer their ownership. E. Cheers will find it more difficult to raise additional capital.

Business

Differentiate between B2B and B2C e-business models.

What will be an ideal response?

Business