Acquiring equipment by issuing a six-month note should be shown on the statement of cash flows under the investing activities section

Indicate whether the statement is true or false


False

Business

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A pool cleaning service signs a contract with a new customer on May 1 . The pool is vacuumed and "shocked" for the customer on June 1, and the bill for the services is paid on July 1 . Under the accrual basis, the business should recognize revenue on:

a. December 31 b. July 1 c. June 1 d. May 1

Business

When a company moves from a functional structure to a divisional structure, it generally:

A) increases vertical differentiation and horizontal differentiation B) does not change differentiation but increases integration. C) increases vertical differentiation and decreases horizontal differentiation. D) increases horizontal differentiation and reduces vertical differentiation.

Business

RioFit was cited for a violation that had a direct relationship to job safety. However, the violation was not considered to be likely to cause death or serious harm. This would be classified as an other than serious violation.

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

Business

Which of the following best describes the effect of enforcing referential integrity on updates?

A) You cannot enter data into a foreign key table unless it is related to an existing record in the primary key table B) You cannot remove a record from the primary key table if it has related records in the foreign key table C) You cannot change a primary key that has related records in a foreign key table D) All of the above

Business