A change in unearned revenue would be classified into which of the following categories for purposes of disclosure in the statement of cash flows?
a. Operating cash flow
b. Investing cash flow
c. Financing cash flow
d. As an item reconciling earnings and operating cash flow
D
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Stocks that carry certain specified preferences, or first claims, are called
a. common stock. b. treasury stock. c. preferred stock. d. participating stock.
Which of the following may be done as corrective action in the control process?
A. establish standards B. renew standards C. compare performance to standards D. align processes with goals E. evaluate performance and take action
Under which of the following options does the Fed offer reserves to banks through a competitive auction process?
A. Term deposit facility B. Discount lending C. Quantitative easing D. Safety vault facility
Which of the following is an example of direct selling?
A) E&OE sells its herbal skincare products exclusively through its stand-alone stores. B) TCJ is a telemarketing firm that sells products from a number of different suppliers. C) Jayne's sells most of its products to customers through home sales parties. D) J3 is an online shopping portal where customers can buy directly from manufacturers. E) Reynold's tries to minimize its staff costs by installing vending machines in its stores.