Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Decrease in Accrued Liabilities-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
A) Add to net income to arrive at net cash flows from operating activities.
B) Subtract from net income to arrive at net cash flows from operating activities.
C) Not used to adjust net income to calculate net cash flows from operating activities.
B
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A report prepared for top management should emphasize the operating details
Indicate whether the statement is true or false
What is estate planning?
A. Compensating the owner of a family-owned business when the family wants to sell it B. Assessing the real-estate value of a family-owned business before it is sold C. Planning for a new buyer of a family-owned business that is up for sale D. Preparing for the orderly transfer of an owner's equity when death occurs
Why is Dartmouth College v. Woodward an important case in CSR?
a. It illustrates the important relationship between education and other societal institutions. b. It set the legal precedent that corporations are understood to be legal individuals. c. It established legal autonomy for educational institutions to teach controversial subjects such as the theory of evolution. d. It set the legal precedent of requiring state funding for public education.
Managing and Motivating Staff Which of the following is true regarding studies on motivating staff?
a. Studies suggest that employees are more loyal when they receive praise and recognition from supervisors. b. Maslow's hierarchy of needs includes hygiene factors and motivational factors. c. The first level of needs in Herzberg's theory is physiological needs. d. Mayo theorized that all employees are motivated simply by pay.