On the statement of cash flows, the cash flows from financing activities section would include
A) receipts from the sale of investments
B) payments for the acquisition of investments
C) receipts from a note receivable
D) receipts from the issuance of capital stock
D
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Performance reports are often part of a managerial reporting system known as a responsibility accounting/reporting system
Indicate whether the statement is true or false
________ is the ability to ensure that e-commerce participants do not deny their online actions.
A. Nonrepudiation B. Authenticity C. Availability D. Integrity
________ competition can destroy entire product categories when a major innovation occurs, so it requires attention, especially for long-run planning
A) Product form B) Product category C) Generic D) Budget
Chuck Olson, age 16, buys a used car from Bobby Duncan Used Cars Center on September 15, 2006. Olson agrees to pay $200 a month for 12 months. A month after the purchase, Olson is involved in an accident that wrecks the car. He immediately calls Duncan Cars and informs them that he is disaffirming the contract. According to traditional common laws, which of the following is most likely to be true?
A. Olson can ask Duncan to pay for the damages as he hasn't made the full payment for the car. B. Olson can successfully press charges and force Duncan to take care of the damages caused to the car. C. Olson has to pay for the damages and then return the car to Duncan. D. Olson does not have a duty to place Duncan in status quo ante.