For an online presentation to work well, both presenters and users must fulfill all of the following technology requirements EXCEPT having access to
a. a computer with sufficient memory.
b. hard drive with sufficient space.
c. recording and editing software.
d. text editing.
d. text editing.
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The comparative balance sheets of Midnite Corp for 2015 and 2014 indicate that short-term trade notes receivable increased from $5,000 in 2014 to $75,000 in 2015 . How will this change be reported on Midnite's statement of cash flows, if Midnite uses the indirect method?
a. It will be included in the amount of cash and cash equivalents at the end of 2015. b. It will be reported as a deduction from net income in the operating activities section. c. It will be reported as a cash outflow in the investing activities section. d. It will be added to net income in the operating activities section.
At what stage are business plans usually created?
a. at the onset of the business idea b. after the feasibility study and pitch deck c. after the business model but before the feasibility study d. after the business model but before the pitch deck.
Does the statement "The sale of goods will not be enforceable unless there is some writing, signed by the defendant, indicating that the parties reached an agreement" accurately reflect the UCC's basic rule?
a. No. It should also state that the contract must be signed by both parties, not just the defendant. b. No. It should state that the contract must require all of the terms of the agreement to be in writing. c. No. It should state that the contract must be for the sale of goods of $500 or more. d. Yes, the wording accurately reflects the UCC's basic rule.
Double entry accounting requires that every entry must include at least one debit and at least one credit.
Answer the following statement true (T) or false (F)