Accounting is an information system that provides essential data about the economic activities of an entity to various users to aid them in making informed judgments and decisions

Indicate whether the statement is true or false


True

Business

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One sales representative complains that she never knows where she stands with Victor because he rarely provides feedback. The sales representative also indicates that Victor fails to communicate his expectations to sales team members

Victor most likely needs to work on the leadership dimension of: A) mentoring B) motivation C) organization D) structure E) consideration

Business

Using the direct method, operating cash receipts includes cash received from customers.

Answer the following statement true (T) or false (F)

Business

Which of the following refers to the assets resulting from the exchange or disposal of collateral subject to a security agreement?

A) sale proceeds B) future advances C) floating lien D) after-acquired property

Business

Which section of the statement of cash flows is prepared using either the direct or indirect method?

A. Investing activities B. Financing activities C. Operating activities D. All of these answer choices are correct

Business