Memorizing the first or last section of a presentation is often effective

Indicate whether the statement is true or false


True

Business

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A journal is used in manual accounting environments. What file is comparable to a journal in a computerized environment?

a. archive file b. reference file c. transaction file d. master file

Business

Concerning the Indirect Statement of Cash Flows, select the correct statement

A) The management of a company would mostly utilize the Indirect Statement of Cash Flows as a management tool since it starts with Net Income from the Income Statement. B) The management of a company would not normally distribute the Indirect Statement of Cash Flows as a statement within its annual reports because it would most likely confuse the average reader. C) The management of a company would most likely distribute the Indirect Statement of Cash Flows as a statement within its annual reports because it starts with Net Income and ends in the current cash balance which increases reader confidence in the report. D) The management of a company would most likely distribute the Indirect Statement of Cash Flows as a statement within its annual reports because it does not present any relation to the other statements of the report, therefore it is least likely to confuse the reader.

Business

Godiva, a maker of expensive European chocolates, does not mention price in its magazine advertising. Instead, the ad copy mentions the quality of the ingredients, the fine packaging, and the luxurious boutiques where Godiva chocolates are sold. Godiva seems to be pursuing a pricing objective of

A. growth in market share. B. nonprice competition. C. meeting competition. D. target return. E. None of these answers is correct.

Business

Which of the following is an influencing factor in succession?

a. family and business cultural issues b. government regulation c. current economic conditions d. the competition

Business