The balance sheet is a statement that summarizes revenues and expenses for a period
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following statements about gap analysis is true?
a. Analyzing the differences between an existing CMS and a proposed CMS is called gap analysis. b. It is often impossible to eliminate all system gaps in the short run because of software and/or hardware capabilities. c. Enterprise resources planning systems allow companies to contribute substantially to compute advantages and strategic values. d. All of the above statements are true.
Our new CEO acts like the coach of a football team is an example of a simile
Indicate whether the statement is true or false
On its 12/31/18 balance sheet, Barnes Inc showed $510 million of retained earnings, and exactly that same amount was shown the previous year. Assuming that no earnings restatements were issued, which of the following statements is CORRECT?
A. If the company lost money in 2018, it must have paid dividends. B. The company must have had zero net income in 2018. C. The company must have paid out half of its 2018 earnings as dividends. D. The company must have paid no dividends in 2018. E. Dividends could have been paid in 2018, but they would have had to equal the earnings for the year.
Garnishment applies to the judgment debtor's: A) wages
B) attorney fees. C) land and home. D) cars.