The _____ method begins with net income for a period and then shows adjustments to net income to convert revenues to cash received from customers and to convert expenses to cash disbursed to various suppliers of goods and services. Most companies use this method
a. direct
b. indirect
c. adjustment
d. income
e. free cash
B
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When a work sheet is complete, the adjustment columns should have
A) total credits greater than total debits if a net income was earned B) total debits greater than total credits if a net loss was incurred C) total debits greater than total credits if a net income was earned D) total debits equal total credits
SMART goals are:
a. specific, measurable, attainable, relevant, and timely. b. special, memorable, attainable, relevant, and timely. c. specific, measurable, absolute, reasonable, and timely. d. subtle, memorable, attainable, realistic, and timely.
Which of the following statements regarding ratio analysis is not true?
A. There are many different ratios available for evaluating a firm's performance. B. Some ratios involve an account from the balance sheet and one from the income statement. C. Ratio analysis is a specific form of horizontal analysis. D. Ratio analysis involves making comparisons between different accounts in the same set of financial statements.
State the strategy for each of the perspectives of the balanced scorecard
Balanced scorecard perspective Strategy Financial Customer Internal business Learning and growth What will be an ideal response