Which of the following is NOT an adjustment to reconcile net income to cash from operating activities?
a. Increase or decrease in an accrued liability
b. Amortization of premium or discount on bonds payable
c. Cash dividend declared but not yet paid
d. Increase or decrease in a prepaid expense
C
You might also like to view...
When erroneous data are detected by computer program controls, such data may be excluded from processing and printed on an exception report. The exception report should most probably be reviewed and followed up on by the:
A. Systems analyst. B. Supervisor of computer operations. C. Computer programmer. D. Data control group.
Unrealized Loss (Gain) on Short-Term Investments is a contra-asset account that will appear on the balance sheet
Indicate whether the statement is true or false
Amaya works in the marketing department of a national clothing retailer
Amaya's job involves identifying customers who are most likely to generate profits for her company and communicating with those customers in meaningful ways that will encourage them to shop in her company's stores more frequently and to purchase more items during each visit to the store. Amaya's job focuses on ________. A) the physical function of marketing B) the sales orientation C) the production orientation D) perceived needs E) customer relationship management
A company that produces sugar will use a job-order costing system to track production costs
Indicate whether the statement is true or false