Withdrawals of cash by sole proprietors and partners or the payment of dividends to stockholders are classified as investing activities on the statement of cash flows
Indicate whether the statement is true or false
false
You might also like to view...
A responsibility center in which the department manager is responsible for costs, revenues, and assets for a department is called:
A) a cost center B) a profit center C) an operating center D) an investment center
Indicate the group of words or sentence with correct capitalization. Which is correct?
A) ms. Ramirez B) Ms. Ramirez
Which of the following is an example of a wicked problem?
a. widespread famine in war-torn regions in Africa b. limited access to healthcare in rural India c. the global refugee crisis d. all of these
If a principal accepts the benefits of a whole unauthorized contract, the principal is deemed to have ratified the contract and is bound as if the act had been originally authorized
a. True b. False Indicate whether the statement is true or false