The income statement of a service company will most likely include ________.
A) salaries expense
B) factory overhead
C) cost of goods sold
D) direct materials
A) salaries expense
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When preparing the statement of cash flows using the indirect method, an increase in inventories would appear as
a. a decrease in the operating activities section b. an increase in the operating activities section c. a use of cash in the investing activities section d. a source of cash in the investing activities section
Answer the following statements true (T) or false (F)
1. An example of human capital rareness is an employee who has a gift for dealing with customer complaints and can resolve dilemmas. 2. Organizational behavior has looked outside of the business school and uses concepts from many other behavioral sciences. 3. Accounting is one of the five behavioral sciences that has strong links to organizational behavior. 4. In the labor market in the United States, there are not many available jobs for skilled laborers. 5. The most successful senior executives score lower on critical-thinking skills than less successful senior executives.
If nothing is stated about how long an offer is to remain open, it remains open until it is revoked
by the offeror. Indicate whether the statement is true or false
A "substitute check" is
A) a digital picture of your original check formated for bank processing. B) any photocopy of an original check. C) meant to replace an original check that has been lost or stolen. D) issued by a credit card company to cover previous purchases.