Which of the following statements regarding the inclusion of liabilities on the statement of cash flows is true?
a. All current liabilities affect the operating activities section.
b. Long-term liabilities generally affect the investing activities section.
c. A decrease in a current liability from the beginning to the end of the year is accompanied by a decrease of cash.
d. A decrease in a current liability from the beginning to the end of the year is accompanied by an inflow of cash.
c
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Karl is very creative and prefers to look at the long-term issues when making a decision. He considers a wide variety of possible actions based on an open mind about the possibilities. Sometimes his coworkers find him indecisive because of these tendencies. Karl is probably ______ in his decision-making style.
A. analytical B. behavioral C. conceptual D. directive E. relaxed
Why is culture more crucial to hospitality organizations than manufacturing organizations?
a. Because the hospitality industry encounters unusual circumstances more frequently. b. Because the hospitality industry has higher turnover rates. c. Because hospitality organizations deal with tangible products. d. It is not more important to hospitality organizations.
At the beginning of 20xx, Helms Corporation had 34,000 shares of $10 par value common stock issued and outstanding. During January 20xx, Helms declared and distributed a 10 percent stock dividend. The market value of Helms's stock was $24 throughout the month of January. The entry to be recorded for the declaration of stock dividend is :
a. Stock Dividends 81,600 Common Stock Distributable 34,000 Additional Paid-in Capital 47,600 b. Common Stock Distributable 81,600 Common Stock 81,600 c. Common Stock Distributable 81,600 Common Stock 34,000 Retained Earnings 47,600 d. Stock Dividends 68,000 Cash 68,000
Which of the following is NOT true with regard to the serial approach in a large-scale production project?
a. It is slow. b. It is costly. c. It is used to develop products effectively. d. May require frequent engineering changes.