Concerning the Indirect Statement of Cash Flows, select the correct statement
A) The management of a company would mostly utilize the Indirect Statement of Cash Flows as a management tool since it starts with Net Income from the Income Statement.
B) The management of a company would not normally distribute the Indirect Statement of Cash Flows as a statement within its annual reports because it would most likely confuse the average reader.
C) The management of a company would most likely distribute the Indirect Statement of Cash Flows as a statement within its annual reports because it starts with Net Income and ends in the current cash balance which increases reader confidence in the report.
D) The management of a company would most likely distribute the Indirect Statement of Cash Flows as a statement within its annual reports because it does not present any relation to the other statements of the report, therefore it is least likely to confuse the reader.
A
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Ruth Cyboran and Luis Ross recently met again at their 10th high school reunion. The men were close friends throughout school but lost touch with each other after graduation. They enjoyed their recent meeting and promised to keep in touch, especially because they had both chosen the same career--professional sales. Cyboran works for a paper company selling gift wrapping paper, ribbons, and boxes to retailers. Ross provides digital technology consultations to small businesses. Even though both believe in the Core Principles of Professional Selling, they both expressed concern about the new emphasis on relationship selling.What would be the Core Principle of Professional Selling that Ross and Cyboran adhere to?
A. Do not be afraid to accept credit for a job well-done. B. Create situations where reciprocity is essential. C. Encourage customers to do research before buying. D. Be guided by self-interests. E. Treat customers as you would like to be treated.
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Fill in the blank(s) with correct word
Developed countries have the ________ infrastructure in terms of the communications, transportation, and distribution networks needed to conduct business effectively in these markets.
A. political B. economic C. demographic D. legal E. cultural
The principal can be held liable for any negligence of her agent committed during the time that
the agent has agreed to act as agent. Indicate whether the statement is true or false