A decrease in accounts receivable represents an increase in a company's cash flow from operating activities
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The geographic pricing method that is a modification of uniform delivered pricing, divides the United States (or the total market) into segments, and charges a flat freight rate to all customers in that segment, is called ___________.
A. FOB origin pricing B. zone pricing C. uniform delivered pricing D. basing-point pricing
One difference between two-party negotiations and multiparty negotiations is that as the number of parties increases, the complexity of the ________ environment changes from a one-on-one dialogue to a small-group discussion.
Fill in the blank(s) with the appropriate word(s).
The term "prime cost" refers to:
a. The sum of direct labor costs and all factory overhead costs. b. The sum of direct material costs and direct labor costs. c. All costs associated with manufacturing other than direct labor costs and direct material costs. d. Manufacturing costs incurred to produce units of output.
A draft acts as:
a. a negotiable document of title. b. a substitute for money. c. a financing device. d. Both b and c