What are pro forma statements?
A. Summaries of historical financial statements
B. Government-mandated analyses of financial statements
C. Projected statements used in financial planning
D. Estimated tax liabilities
C. Projected statements used in financial planning
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Managers must take the following into account when sending a message.
A. the receiver’s relationship and status differences with the manager B. the receiver’s interest and emotional state C. the receiver’s knowledge and communication skills D. all of these
The formula for depreciable cost is
A) initial cost + residual value B) initial cost - residual value C) initial cost - accumulated depreciation D) depreciable cost = initial cost
When a merchandiser records sales returns, Accounts Receivable is credited. (Assume the seller uses the perpetual inventory system.)
Indicate whether the statement is true or false
According to Salamon (2000), what were introduced in Western Europe as ‘an integral part statutory part of the post-war industrial relations system to aid co-operative efforts for economic recovery’?
a. trade unions b. works councils c. employment tribunals d. government think tanks