Last year Frye Company's cash account increased by $17,000. Net cash flows from investing activities was ($40,000). Net cash flows from financing activities was $2,000. On the statement of cash flows, the net cash flows from operating activities was:
A) $17,000.
B) $(21,000).
C) $55,000.
D) $(38,000).
C
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The absence of ______ can leave higher level management ignorant of what is really going on in the organization.
A. lateral B. horizontal C. downward D. upward
An adjusting entry can include a debit to a(n)
A) expense and a credit to an asset. B) cash and a credit to a revenue. C) liability and a credit to cash. D) liability and a credit to an asset.
Federal law requires comprehensive background checks for all child care providers and prohibits convicted felons from engaging in financial and security-oriented transactions.
Answer the following statement true (T) or false (F)
When the dominant party in a fiduciary relationship benefits from that relationship, a presumption of undue influence arises
Indicate whether the statement is true or false