Answer the following statements true (T) or false (F)
Extraordinary items should be disclosed net of tax.
ANSWER: T
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Over sufficiently long time periods, the amount of net income equals
a. cash inflows minus cash outflows from operating activities. b. cash inflows minus cash outflows from operating and investing activities. c. cash inflows minus cash outflows from operating, investing, and debt servicing activities. d. cash inflows minus cash outflows from operating and debt servicing activities. e. cash inflows minus cash outflows from investing and debt servicing activities.
The Linsear Write Index, the Lazy Word Index, and the Flesch-Kincaid Grade Level Score are
A) Tools for helping documents become more concise. B) Tools for gauging reading levels. C) Reading resources found on the Internet.
The use of focus groups to estimate a demand forecast is referred to as which type of qualitative forecasting technique?
a. Consumer surveys b. Delphi method c. Jury of executive opinion d. Sale force estimates
What does a scatterplot illustrate?
a. whether there is any relationship between two variables b. what type of relationship there is between two variables c. both of these choices d. neither of these choices