The statement of cash flows is viewed by many as the most important financial statement because it provides evidence of the company's ability:
a. to meet its short–term financial obligations.
b. to maintain its budgeted cash balance.
c. to raise capital from public issue.
d. to pay its interest on loan in time.
a
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"The customer is always right":
A) is the best attitude to get employees to give great service. B) may distort the importance of thinking about win-win relationships, not who is right and who is wrong. C) is an excellent motto for any organization. D) sets up companies to fail when the customer is actually wrong.
This approach suggests that leadership is interpreted in masculine terms, which leads to prejudice against women in leadership positions.
A. standpoint approach B. communibiology approach C. role congruity theory D. emotional intelligence
An after-the-fact flexible budget
A) is a budget for the actual level of activity B) is used for performance reports C) calculates what costs should have been for the actual level of activity D) is used to compare expected costs with actual costs E) all of these
From a customer's perspective, value reflects
A. the balance between needs and wants. B. the relationship of benefits to costs. C. the need for value and the perception of value. D. the need for product improvement. E. explicit versus implicit value.