Which of the following is not considered a current asset?
a. Prepaid expenses
b. Marketable securities
c. Inventories
d. Advance billings
d
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Which type of incentive program is easier to develop?
A. Individual incentive B. Variable incentive C. Group incentive D. Combination incentive E. Executive incentive
On a spreadsheet used to prepare the operating activities section of the statement of cash flows, depreciation expense does not require an entry in the Analysis of Changes columns because it is a noncash item.
Answer the following statement true (T) or false (F)
Scenario D. As a manager working directly under the company president, Chloe has been given the assignment of transitioning the firm from a slow-moving bureaucracy to an agile, responsive organization. Chloe knows that the structure an organization adopts to accomplish agility will depend on its strategy, its customers, and its technology.Chloe wants to be sure that the firm focuses on competitiveness and manages its core capabilities to obtain competitive advantage. Therefore she should recommend that the company
A. formalize all processes with the written approval of the board of directors. B. change to a matrix structure in which functional and divisional forms overlap. C. accumulate the right resources and eliminate resources that do not provide value. D. coordinate by standardization and centralize the decision-making process. E. switch to a mass customization model with large-batch technology.
Dividends are considered an expense in running the business and reported in the income statement.
Answer the following statement true (T) or false (F)