In a survey of 97 highest-level public relations leaders, nearly half of those interviewed indicated that ________
A) positive personal character traits were the most desired characteristic among job candidates
B) diversity of experience was the second most sought-after qualification
C) the most significant limitation candidates have is their inability to describe the value of public relations for an organization
D) the major challenge for all people in the field boils down to just doing their job well in these difficult times
A
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With respect to the statement of cash flows,
a. retirement and repurchase of stock is a financing activity. b. a stock split is a financing activity. c. a stock dividend is an investing activity. d. the declaration of a cash dividend account is an operating activity.
The heading for all financial statements contains the company's name, the report title, and the date on which the report was prepared
Indicate whether the statement is true or false
The SEC has the authority to determine generally accepted accounting principles and to regulate the accounting profession
Indicate whether the statement is true or false
In comparing management accounting with financial accounting, which of the following statements is true?
a. Both use historical costs as their primary unit of measurement. b. Both depend on the double-entry system of accounting. c. Both require adherence to GAAP. d. Financial accounting reports are more objective, whereas management accounting reports are more subjective.