In a statement of cash flows prepared using the direct method, if wages payable increased during the year, the cash paid for wages would be

a. the same as salary expense.
b. salary expense plus wages payable at the beginning of the year.
c. salary expense plus the increase in wages payable from the beginning to the end of the year.
d. salary expense less the increase in wages payable from the beginning to the end of the year.


D

Business

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The Federal Trade Commission (FTC) has adopted a regulation that:

A. follows the traditional rights of a holder in due course in consumer purchase transactions. B. prevents a consumer who gives a negotiable instrument to use the defense of fraudulent inducement. C. alters the rights of a holder in due course in consumer purchase transactions. D. denies all rights of a holder in due course in consumer purchase transactions.

Business

If a copyright is willfully infringed, the owner may ask for and receive which of the following remedies?

a. Rescission and restitution. b. Punitive damages. c. Injunction. d. All of these.

Business

A buyer who rightfully rejects nonconforming goods may obtain cover or cancel the contact, but may not seek damages

a. True b. False Indicate whether the statement is true or false

Business

Fiona, an industrial psychologist, is asked to give a presentation on the benefits of healthy colleague relationships to the employees of a textile company. In her presentation, Fiona uses various technical terms, all related to the subject of psychology, because of which the employees find it difficult to understand her and quickly lose interest in the presentation. In the given scenario, the employees of the textile company face a(n) _____ to communication.

A. perceptual barrier B. language barrier C. organizational barrier D. physical barrier

Business