An increase in accounts receivable is a source of finance.?
Answer the following statement true (T) or false (F)
False
You might also like to view...
Organizational design is concerned with an organization developing
A. the best structures of costs and efficiency that an organization uses to meet goals. B. optimal structures of accountability and responsibility to execute its strategies. C. important decisions that are suggested by employees. D. new MBO goals. E. the most favorable methods of accomplishing both the diversity and synergy plans.
Which of the following is not a characteristic of a general partnership?
a. the partnership is created by a contract b. mutual agency c. partners share equally in net income or net losses unless an agreement states differently d. dissolution occurs only when all partners agree
A company shows a $740 balance in Prepaid Rent in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired rent of $270. This adjusting entry results in:
A. $270 increase in net income. B. $270 difference between the debit and credit columns of the Unadjusted Trial Balance. C. $270 of prepaid insurance. D. $270 decrease in net income. E. An error in the financial statements.
Very often, hotels will post special low cost package deals on the internet
What will be an ideal response?