Depreciation expense influences cash flows because it directly affects
A) the amount of income taxes paid by the company.
B) cash received from revenues during the current period.
C) the carrying value of the asset.
D) revenues earned by the equipment.
A
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"You know," "um," and "uh" used by a speaker are examples of
A) non-?uencies B) articulation C) transitions D) pitch
Sue Smith, the owner of Hi-Fi heaven, orders 100 stereo receivers from Steve Jones, a salesman for Slick Sound Manufacturing Company. Sue has made a promise to pay for the receivers in exchange for Slick Sound's promise to deliver them. This is a(n) ________ contract.
A. bilateral B. unilateral C. quasi D. implied
If decentralized decision making is in place, decisions are:
A. made at the top management level. B. contracted to external consultants. C. made at the middle management level. D. delegated to operating personnel.
Isadore Hospital bases its budgets on patient-visits. The hospital's static planning budget for July appears below: Budgeted number of patient-visits 7,700 Supplies (@ $4.60 per patient-visit)$35,420Laundry (@ $7.20 per patient-visit) 55,440Salaries 46,200Occupancy costs 67,760Total$204,820?Actual results for the month were: Actual number of patient-visits 7,800Supplies$38,250Laundry$61,240Salaries$46,190Occupancy costs$65,650?The spending variance for supplies costs in the flexible budget performance report for the month is:
A. $2,830 F B. $2,370 U C. $2,370 F D. $2,830 U