When preparing a statement of cash flows using the indirect method, a gain on sale of land is deducted from net income to arrive at net cash flows from operating activities
Indicate whether the statement is true or false
True
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Which of the following stock investments should be accounted for using the cost method?
a. investments of less than 20% b. investments between 20% and 50% c. investments of less than 20% and investments between 20% and 50% d. all stock investments should be accounted for using the cost method
The two-sample median test examines whether the two distributions are the same
Indicate whether the statement is true or false
Which of the following is TRUE of participative budgeting?
A) Preliminary budgets are developed by top management and flows down to the departmental level. B) Budgets are developed separately in a company's business segments so coordination is not necessary. C) Budgets are more achievable because those impacted by the budget helped create it. D) The budgeting process is quick, usually only requiring one-two weeks to complete.
A highly committed follower who does his job consistently well needs which type of leader?
A. supportive B. directive C. coaching D. delegating