In a statement of cash flows, payments to acquire bonds or mortgages of other entities should be classified as cash outflows for
a. lending activities.
b. operating activities.
c. investing activities.
d. financing activities.
C
You might also like to view...
Canniff Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $56,560 per month plus $2,618 per flight plus $5 per passenger. The company expected its activity in February to be 63 flights and 254 passengers, but the actual activity was 62 flights and 255 passengers. The actual cost for plane operating costs in February was $218,820. The plane operating costs in the planning budget for February would be closest to:
A. $222,349 B. $220,151 C. $218,820 D. $222,764
Silver Line Electronics Inc. uses technology to produce laptops and other gadgets in bulk based on each individual client's specific needs and requirements. This is an example of _____
a. standardization b. reverse engineering c. benchmarking d. mass customization
Which of the following statements about sampling is correct?
a. Sampling is based on the principle that a sufficiently large number drawn from a population will be representative, regardless of whether the selection was random. b. The survey results of a sample will be biased and therefore not reliable for formal research. c. Sampling is a survey technique that eliminates the need for questioning 100 percent of the population. d. All of the above are correct statements.
During his job interview, Vaughn told the employer that he was very ______ to begin working for the company
A) ?anxious B) ?eager