Sales reps might have better insight into developing trends than any other group, and forecasting might give them greater confidence in their sales quotas and more incentive to achieve them
Indicate whether the statement is true or false
TRUE
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Which of the following is not an example of noise in the communication process in a typical classroom?
A. a student in the back of the classroom texting a friend B. a student answering a professor's question C. groundskeepers mowing the lawn outside the classroom window D. uncomfortable classroom desks E. an attractive person walking by the open classroom door
The maker of a note recognizes a note payable on the balance sheet and interest expense on its income statement
a. True b. False Indicate whether the statement is true or false
Which of the following does not represent a problem with financial analysis?
a. Financial statement analysis is an art; it requires judgment decisions on the part of the analyst. b. Financial analysis can be used to detect apparent liquidity problems. c. There are as many ratios for financial analysis as there are pairs of figures. d. Some industry ratio formulas vary from source to source. e. Adequate detailed disclosure of how the industry ratios are computed is often lacking.
Alberta Company accepts a credit card as payment for $450 of services provided for the customer. The credit card company charges a 4% fee for handling the transaction. How does this this transaction affect the elements of the financial statements? Assets=Liab.+Stk.EquityRev.?Exp.=Net Inc.Stmt of CashFlowsA.432 NA 432432 NA 432432 OAB.432 NA 432450 18 432432 OAC.432 NA 432450 18 432NAD.450 NA 450450 NA 450NA
A. Option A B. Option B C. Option C D. Option D