Cash decreases when:
A) current assets other than cash increase.
B) fixed assets decrease.
C) current liabilities increase.
D) retained earnings increase.
E) long-term debt increases.
A) current assets other than cash increase.
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A nation's culture is
A. the shared set of beliefs, values, knowledge, and patterns of behavior common to its people. B. synonymous with its religious beliefs. C. a shared set of business traditions common to the nation. D. its constitution and written codes of behavior. E. the laws that are accepted as moral imperatives by most of the citizens.
Companies value-to-book and market-to-book ratios may differ due to accounting reasons. An example of an accounting reason that would create a difference is
a. accelerated methods of depreciation. b. investments in successful research and development programs that are expensed according to conservative accounting principles. c. using LIFO versus FIFO for inventory. d. high operating leverage.
The result of perceived incongruity of females in leadership roles is that they may be stereotyped as ______ many leadership roles.
a. ready and able for b. unwilling to take on c. ineffective and inappropriate for d. none of these
Which of the following is/are true regarding accounting liabilities?
a. All accounting liabilities are obligations. b. Not all obligations are accounting liabilities. c. An item must meet the definition of a liability. d. An item must recognition criteria. e. All of these answers are correct.