The majority of inter-firm trade involves:
A) spot purchasing of direct goods.
B) contract purchasing of indirect goods.
C) contract purchasing of direct goods.
D) spot purchasing of indirect goods.
C
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Which of these statements is true regarding spam e-mail?
a. Spam recipients are never random. b. All spam contains viruses designed to hack your computer. c. Spammers often steal sensitive passwords. d. Spammers buy your information from companies you have given your e-mail address to.
If dividends begin to exceed the cash generated from operating activities, the company may be planning to go out of business
Indicate whether the statement is true or false
The method of reporting cash flows from operating activities that does not involve adjusting net income is called the
a. indirect method; b. direct method; c. nonadjusted method; d. combined method; e. simplex method.
A prepaid expense, such as the purchase of insurance for an upcoming period, is initially recorded in the accounting system as a(n) ________
a. liability b. revenue c. asset d. expense