Which of the following is not an example of an advantage to using the web to access organizational databases?
A. It is cleaner and virus-free.
B. Web browsers are much easier to use than a computer based database.
C. It costs less.
D. The web interface requires few or no changes to the database model.
Answer: A
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The direct write-off method has one advantage?it is very simple to apply
a. True b. False Indicate whether the statement is true or false
All of the following hedges are used for future purchase/sale transactions except:
A. Option contract cash flow hedge of a forecasted transaction. B. Forward contracts used as a fair value hedge of a firm commitment. C. Forward contracts used to hedge a foreign currency denominated liability. D. Forward contract cash flow hedges of a forecasted transaction. E. Options used as a fair value hedge of a firm commitment.
Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Gain on Sale of Investment-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
A) Add to net income to arrive at net cash flows from operating activities. B) Subtract from net income to arrive at net cash flows from operating activities. C) Not used to adjust net income to calculate net cash flows from operating activities.
Which of the following is not one of the purposes for calling a meeting?
A) Meetings keep employees informed of events that are related to their duties. B) Meetings provide a forum for soliciting input. C) Meetings promote unity and cohesiveness through social interaction. D) Meetings encourage follow-up later. E) Meetings lead to the solution of problems.