The capital expenditures budget summarizes the effects of investing activities on cash.
Answer the following statement true (T) or false (F)
True
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Discontinued operations and extraordinary items are two components of the income statement that are reported after income from operations or are reported separately because of their unique nature
a. True b. False Indicate whether the statement is true or false
The theory of constraints:
A) is a management tool used to determine whether or not a company should accept a special order. B) helps in identifying the bottlenecks in a production process. C) helps in estimating the fixed overhead costs in a production process. D) is a management tool used for deciding whether a product should be sold "as is" or processed further.
Most internal users of accounting information need primarily global information that reflects the performance of the company as a whole.
Answer the following statement true (T) or false (F)
The minimum advance notice of plant closings or layoffs affecting 50 or more full-time employees required by the Workers' Adjustment Retraining and Notification Act of 1989 is
A. 60 days. B. 180 months. C. 7 days. D. 120 months.