Which of the following statement concerning the statement of cash flows is true?
A) The statement of cash flows is usually more accurate when using the indirect method.
B) If the direct method is used, a supplementary schedule reconciling the net income to net cash from operating activities must still be provided.
C) The statement of cash flows reflects both earnings per share and cash per share.
D) The statement of cash flows is an optional financial statement for an SEC registered firm.
B
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Taking time to establish a proper rapport with customers will most likely lead to:
A) guaranteed sales B) open communication C) a faster sales cycle D) a slower sales cycle E) lower commissions
Because the ________ Act (enacted in 1890 ) was aimed at monopolies that called themselves trusts, it was called a(n) ________ statute
A) Clayton; antitrust B) Clayton; fiduciary C) Sherman; antitrust D) Sherman; fiduciary
There are four types of illegal activity under Title VII of the Civil Rights Act of 1964 . Which of the following is NOT one of them?
a. Disparate treatment b. Retaliation c. Unattactiveness discrimination d. Hostile environment
An accommodation maker is not liable on a note since he only agreed to sign as a favor to the maker
a. True b. False Indicate whether the statement is true or false