Which of the following statements is false?
a. The method of preparing the operating activities section of a statement of cash flows which adjusts net income to remove the effects of deferrals and accruals for revenues and expenses is the indirect method.
b. The method of preparing the operating activities section of a statement of cash flows which reports major classes of gross cash receipts and cash payments for revenues and expenses is the direct method.
c. The FASB prefers the direct method of preparing the operating activities section of the statement of cash flows.
d. Most companies use the direct method of preparing the operating activities section of the statement of cash flows.
d
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The statute of limitations establishes the period within which a ________.
A. plaintiff must bring a lawsuit against a defendant B. defendant must file a written answer against a plaintiff's complaint C. defendant can file a cross-complaint against the plaintiff D. motion for judgment on the pleadings can be made by either party
Which of the following is an effective practice to follow when introducing a speaker?
A. Look at the audience while talking about the speaker's accomplishments. B. Make the introduction last for more than ten minutes. C. Seat yourself before the speaker reaches the lectern after being introduced. D. Give specific information on the topic the speaker is going to present.
The second step in both the CPM and PERT approaches is?
a. Determine the sequential relationship between all of the activities b. Identify all project activities and time to complete each activity c. Develop an activity network d. Determine the critical path
When Hannah buys almond soap from a vendor at an arts and crafts show, and the vendor who sells the soap is actually the person who made the soap from scratch, that is an example of
A. indirect distribution. B. unbranded distribution. C. direct distribution. D. selective distribution. E. differentiated distribution.