What is the term for the time it takes for data to be stored or retrieved?
A. Data validation
B. Data latency
C. Data gap analysis
D. Data governance
Answer: B
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Answer the following statements true (T) or false (F)
1. Greene Electric Company uses the direct method to prepare its statement of cash flows. Greene has reported cost of goods sold of $85,000 on its income statement for 2018. If the balance in Accounts Payable, for merchandise inventory suppliers only, has decreased by $8,000 during the year, then $8,000 needs to be subtracted from $85,000 to calculate payments to suppliers for merchandise inventory purchases. 2. Lightning Electric Company uses the direct method to prepare its statement of cash flows. Lightning has reported operating expenses of $63,000 on its income statement for the year 2019. If the balance in accrued liabilities has increased by $6,000 during the year, then $6,000 needs to be added to $63,000 to calculate payments to suppliers for operating expenses. Accrued liabilities relate to operating expenses. 3. Using the direct method, interest expense paid on a note payable is included in the operating activities section of the statement of cash flows. 4. In practice, most companies face complex situations. In these cases, a spreadsheet can help in preparing the statement of cash flows. 5. The spreadsheet starts with the beginning statement of cash flows and concludes with the ending statement of cash flows. 6. Accountants can prepare the statement of cash flows directly from the lower part of the spreadsheet.
Proud Pets, a producer of clothing and accessories for pets, has recently partnered with a regional chain of pet stores. Which of the following would Proud Pets be LEAST likely to expect from its new channel member?
A) promoting its products through advertising B) assembling and packaging its products for final sale C) distributing relevant market information D) identifying raw materials and other productive inputs E) taking a risk that items may not sell
Which dimension of the organizational culture is workplace spirituality most closely related to?
A. outcome-orientation B. innovation and risk taking C. attention to detail D. people-orientation
________ advertising is targeted at individuals who influence the purchase of goods and services used to make other products.
A. Primary-demand B. Professional C. Retail D. Business-to-business E. Direct-response