Financial managers use the time value of money to
A) make business decisions.
B) compare cash flows of different projects.
C) determine the price of common stock.
D) both A and B.
E) all of the above.
Answer: D
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Under the perpetual inventory system, in addition to making the entry to record a sale, a company would
a. record an increase in inventory corresponding to the amount of the sale. b. record a decrease in inventory and an increase in cost of goods sold for the cost of the merchandise sold. c. record an increase in inventory corresponding to the cost of the inventory. d. make no additional entry until the end of the period.
Which method of preparing the statement of cash flows is required by U.S. GAAP?
a. direct b. indirect c. funds flow d. either direct or indirect may be used if appropriate note disclosure is included e. either direct or funds flow may be used if appropriate note disclosure is included
When Kelsey starts to feel overwhelmed by everything she has to do, she tends to hunch her shoulders. When she realizes she is doing this, she works on letting go of all the tension in her body going from head to toe. Kelsey is managing stress through _________.
A. time management B. relaxation C. positive thinking D. exercise E. treatment
Some policies that apply equally to members of different races can violate the Civil Rights Act of
1964 because of the overall impact on the different races. Indicate whether the statement is true or false