In the next planning period, a firm plans to change its policy of all cash sales and initiate a credit policy requiring payment within 30 days. The statements that will be directly affected immediately are the ________.

A) pro forma income statement, balance sheet, and cash budget
B) pro forma balance sheet and cash budget
C) cash budget and statement of retained earnings
D) pro forma income statement and pro forma balance sheet


B) pro forma balance sheet and cash budget

Business

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Identify the linking verb in the sentence. Tickets to the concert were expensive

Business

Areena is the Diversity Program Manager in Tech Recruiting at Facebook. To nurture an adaptive culture that is sufficiently flexible to respond rapidly to changing business conditions, what are the most important characteristics of prospective employees that Areena needs to take into consideration? Why?

What will be an ideal response?

Business

The difference between the flexible budget sales and the fixed budget sales is called the ________ variance.

What will be an ideal response?

Business

Civil rights laws precisely define the term "discrimination."

Answer the following statement true (T) or false (F)

Business