Depreciation is included in the cash budget
Indicate whether the statement is true or false
F
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The following items were reported on the balance sheets and income statement for the Flying Mullet Company: Accounts receivable, December 31, 2015 $ 85,000 Accounts receivable, December 31, 2016 98,000 Sales—2016 750,000 How would the change in accounts receivable be reported in the operating activities section of the statement of cash flows under the indirect method?
a. As an addition to sales b. As a deduction from sales c. As an addition to net income d. As a deduction from net income
A company may have multiple business plans for its product portfolio
Indicate whether the statement is true or false
Explain the marketing strategy known as the pure selling approach, giving one example of its implementation
What will be an ideal response?
Which of the following statements about online banking is not true?
A. Top mobile banking activities include checking balances and bank statements and viewing recent transactions. B. Online and mobile banking transactions provide significant costs savings for banks. C. Millennials are adopting mobile banking at a much higher rate than those who are older. D. More people use a tablet for mobile banking than a mobile phone.