Below are the sources of information used in external decision making.
a.Financial Statementsb.Notes to Financial Statementsc.Supplementary Informationd.Other means of financial reportinge.Other Information
_____1.
Changing prices disclosures_____2.
Letters to stockholders_____3.
Statement of Shareholders' Equity_____4.
Accounting policies_____5.
Management discussion and analysis_____6.
News article about the company_____7.
Statement of Financial Position_____8.
Inventory Methods_____9.
Number of shares of stock outstanding_____10.
Analyst reportsRequired:Match each element with the appropriate statement by placing the appropriate letter in the space provided.
What will be an ideal response?
| 1 | c |
| 2 | d |
| 3 | a |
| 4 | b |
| 5 | d |
| 6 | e |
| 7 | a |
| 8 | b |
| 9 | b |
| 10 | e |
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________ is a purchase decision process involving a moderate amount of effort and time.
A. Utilitarian shopping B. Habitual decision making C. Extended problem solving D. Psychological problem solving E. Limited problem solving
A company has the following per unit original costs and market values for its inventory. Lower of cost or market is applied to individual items.Part A: 50 units with a cost of $5, and replacement cost of $4.50Part B: 75 units with a cost of $6, and replacement cost of $6.50Part C: 160 units with a cost of $3, and replacement cost of $2.50Under the lower of cost or market method, the total value of this company's ending inventory is:
A. $1,217.50. B. $1,075.00. C. $1,112.50. D. $1,180.00. E. $1,137.50.
Employees at Company XYZ have to attend yearly sexual harassment training classes at the beginning of each year which is a requirement likely due to which agency?
A. Wage and Hour Division B. Civil Rights Federal Organization C. Bureau of Labor Statistics D. Equal Employment Opportunity Commission
The "apparent," but not the "true," financial position of a company whose sales are seasonal can differ dramatically, depending on the time of year when the financial statements are constructed.
Answer the following statement true (T) or false (F)