A__________is typically used to support decisions related to managing an organization's cash flows
A) financial information system
B) logistics information system
C) manufacturing information system
D) marketing information system
A
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Why is it important for stores to be designed with flexibility in mind?
A. Department managers never know what to expect from the planner's allocations and require the ability to display more merchandise at a moment's notice. B. It is less expensive for retailers to build several different types of flexible fixtures than to build one inflexible fixture. C. Environmental legalities require stores to have flexible designs to reduce waste. D. Customers find it hard to locate merchandise if fixtures are rigid. E. Retailing is a dynamic business, and retailers need to keep changing the merchandise mix offered.
Which of the following is not true?
a. Most derivative acquisitions represent marketable securities held as current assets. b. The cash flow from operations section shows a subtraction for the increase in the current asset accounts in an amount equal to the firm's expenditure to acquire the derivative. c. If the firm classifies the derivative as a nonoperating asset, then the cash outflow appears in the investing section of the statement of cash flows. d. Subsequent to acquisition, the firm may report changes in the fair value of the derivative in income. e. Firms engage in transactions involving derivatives and for the most part, the complex parts of these transactions occur before the firm has acquired the derivative.
A taxpayer may choose to accept a reduced market rate of return on an investment to take advantage of a tax preference associated with the investment. In such case, the taxpayer will pay a/an:
A. Excise tax B. Implicit tax C. Explicit tax D. Transaction tax
An employee is terminated for poor attendance. The employer sends a letter on May 1 notifying him of his right to receive continuation health insurance coverage. The letter states that the former employee must respond by May 30 to be eligible for up to 6 months of continuation coverage. The employer's letter:
a. accurately states the former employee's rights under COBRA b. should state that the employee has 45 days to decide on coverage that would last up to 3 years c. should state that the employee has 60 days to decide on coverage that would last up to 3 years d. should state that the employee has 60 days to decide on coverage that would last up to 18 months e. should not have been sent since a termination for poor attendance is not a qualifying event under COBRA