Which of the following directly preceded the statement of changes in financial position?

a. The statement of cash flows
b. The funds flow statement
c. The sources and uses of funds statement
d. The sources and uses of resources statement


ANSWER: B

Business

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How are transfers between cash and cash equivalents treated on a statement of cash flows?

a. They are disclosed as an investing activity. b. They are not shown as any type of cash flow. c. They are disclosed as a financing activity. d. They are disclosed as an operating activity.

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According to Mintzberg, in a ______, an organization’s central headquarters oversees a set of somewhat autonomous divisions, typically large, mature organizations, and limited parallel type of vertical decentralization.

A. divisional structure B. adhocracy C. submarket D. strategic apex E. operating core

Business

A spin-off is a

a. pro-rata distribution of new equity claims on a subsidiary to the parent's shareholders. b. sale of a division for cash to another firm. c. tax-driven sale of depreciation rights to another firm. d. sale of patent rights (e.g., for a pharmaceutical drug) to another firm.

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A community has 2,000 registered voters. A pilot study revealed that 70% of the individuals are planning to vote for the incumbent mayor. We are interested in selecting a sample. So that the sampling error will not exceed 4%, what size sample should be taken?

What will be an ideal response?

Business