Under conservative funding strategy, short-term financing is used only to finance an emergency, an unexpected outflow of funds, and the variable portion of a firm's current assets
Indicate whether the statement is true or false
FALSE
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T-accounts are frequently used in textbooks, demonstration problems, and examinations to accumulate information about the effects of business transactions on individual balance sheet accounts and to prepare the balance sheet. Alternatively, to accomplish the same objectives, some instructors and students might prefer to use
a. a computer spreadsheet program. b. P-accounts, only. c. a single-entry bookkeeping system. d. P&L-accounts. e. L-accounts, only.
Peter Kraljic's Purchasing Portfolio Matrix
What will be an ideal response?
Tuttle Company discloses supplementary operating segment information for its three reportable segments. Data for 20X3 are available as follows: Segment A Segment B Segment C Sales$500,000 $300,000 $200,000 Traceable operating expenses 250,000 120,000 90,000 Allocable costs for the year were $54,000. Allocable costs are assigned based on the ratio of a segment's income before allocable costs to total income before allocable costs. The 20X3 operating profit for Segment A was:
A. $223,000 B. $225,000 C. $250,000 D. $196,000
Ashley has just been hired for her first full-time position and has been told that she can use social media on the job. What should she do to appear professional and to ensure that she keeps her job?
A) Immediately send a friend request to her boss to show that she's a team player. B) Accept friend requests only from her favorite colleagues. C) Share only information, images, and media online that she would be comfortable sharing opening in the office. D) Ashley should do all of these.