Before you decide what it is you want to communicate, what should be considered?
A) Who the receiver will be
B) Why you are communicating
C) Is there a deadline
D) How long it will take to compose the message
E) How you can incorporate goodwill into the message
Answer: B
Explanation: B) Before thinking about what you are communicating, analyze why you are communicating. Your desired outcome is what you want your audience to know or do as a result of the communication.
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In the determination of the diluted earnings per share, convertible securities are
A) included if they are dilutive. B) included whether they are dilutive or not. C) included if they are antidilutive. D) not included.
Jose Consulting paid $880 cash for utilities for the current month. Determine the general journal entry that Jose Consulting will make to record this transaction.
A.
| Cash | 880? | |
| Accounts Payable | 880? |
B.
| Utilities Expense | 880? | |
| Cash | 880? |
C.
| Utilities Expense | 880? | |
| Accounts Payable | 880? |
D.
| Prepaid Utilities | 880? | |
| Accounts Payable | 880? |
E.
| Cash | 880? | |
| Utilities Expense | 880? |
The primary purpose of the statement of cash flows is to provide information about a company's investing and financing activities during an accounting period
Indicate whether the statement is true or false
The Private Company Council (PCC):
a. sets accounting standards for private companies in the United States. b. sets accounting standards for IASB private companies. c. is funded by the SEC. d. serves an advisory role to the FASB.