are marked by differentiated social status of the participants, with the participant of higher social power exhibiting a less complex ego status.

The retained earnings statement is a required separate financial statement that discloses all changes in retained earnings during the accounting period

Indicate whether the statement is true or false

Analysts look for red flags in financial statements that may signal financial trouble. Which of the following is a red flag that suggests that a company may be in trouble?

A) a decline in days' sales in inventory B) a decrease in days' sales in receivables from year to year C) a reduction in the debt ratio D) net cash provided by operating activities is consistently lower than net income

Pure risk can always be eliminated by individual action

Indicate whether the statement is true or false.

The evaluation team should

a. have a single person make the decision about which projects to move forward. b. make their decision on the quantitative data only. c. read each project description and select the one they feel is best. d. have selection criteria to consistently evaluate the potential projects.