Depreciation expense
A) is subtracted from the statement of cash flows.
B) is added to the statement of cash flows because it is not an expenditure.
C) appears only on the income statement.
D) is listed on the income statement as a variable expense.
B
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When communicating with someone using electronic media, and you wish to ask a nonrelated question or introduce a nonrelated issue, what is the best way to introduce the topic?
A) Through a new message B) In a new paragraph in the original message C) By highlighting the new topic in color D) By changing the subject line of the email E) By using a clear opening line to indicate change
Which of the following financial statements is concerned with the enterprise at a point in time?
A) Statement of retained earnings B) Income statement C) Statement of cash flows D) Balance sheet
Which of the following provides the best definition of a report?
a. An orderly, objective communication that flows downward within an organization for the purpose of presenting data for the customer. b. A formal, objective writing that meets the need for information needed by a wide audience. c. An orderly, objective message used to convey information within an organization or between organizations to assist in problem solving and decision making. d. A formal, organized message that conveys the opinions and intuitive feelings of the writer.
Lako Systems is calculating the firm's training costs. While they were able to easily account for the direct costs of the programs, their calculations were somewhat misleading because they left out the indirect costs associated with
A. lost productivity. B. employee travel. C. trainers' salaries. D. meeting site fees.