If the debtor offers to pay the debt owed to a creditor but the creditor refuses the tender, the surety remains obligated on the debt.
Answer the following statement true (T) or false (F)
False
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Wording a question so that it is either categorical or metric is important because:
A) it affects what analyses may be conducted on the question B) it affects what may be said and not said about the property being measured C) it affects how long it takes the respondent to answer the question D) both a and b E) none of the above; this is not an important issue when wording a question
Under U.S. GAAP, the statement of cash flows classifies cash expenditures for interest on debt as an operating activity but classifies cash expenditures for dividends to shareholders as a financing activity
Indicate whether the statement is true or false
The statement of cash flows
a. helps the reader judge a firm's cash flow needs and how a firm has dealt with them. b. reflect the cash flows for the period. c. reports the impact of operations on cash flows. d. reports the impact of investing activities on cash flows. e. accomplishes all of the above.
Shortage of what material has forced many steel companies to prospect for new locations worldwide?
a. aluminum b. bauxite c. iron-ore d. plastic