Which sentence expresses numbers correctly?
A) Although Kurt has been working on the project for eleven weeks, he still needs three more days to complete it.
B) Although Kurt has been working on the project for 11 weeks, he still needs 3 more days to complete it.
C) Although Kurt has been working on the project for 11 weeks, he still needs three more days to complete it.
C
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Indicate whether the statement is true or false
Which of the following statements regarding cash flows is true?
A) Many managers consider cash flow budgets to be the least important of all the budgets. B) As long as accounting revenues exceed accounting expenses, cash flow budgets do not have to be prepared. C) It is possible for cash receipts to exceed revenues earned in a given month. D) As long as a manager is confident that there will eventually be a cash receipt from a customer, the timing of the cash receipt is not important.
Centralization means that
A. All the activities for which a manager is responsible are performed in the same building. B. A manager may delegate many activities to a lower-level subordinate. C. Similar activities found throughout an organization are placed under the jurisdiction of one individual. D. Several individuals located throughout the organization may have jurisdiction over similar activities.
The cost of equity raised by retaining earnings can be less than, equal to, or greater than the cost of external equity raised by selling new issues of common stock, depending on tax rates, flotation costs, the attitude of investors, and other factors.
Answer the following statement true (T) or false (F)