In a flexible budget, when the activity declines, the total variable cost also declines.
Answer the following statement true (T) or false (F)
True
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Which of the following statements is false regarding how the cash flow effects of the changes in the equipment and accumulated depreciation accounts would be reported on a statement of cash flows if the indirect method is used to prepare the operating activities section?
a. Cash proceeds from the sale of the equipment would be reported as a cash inflow in the investing activities section. b. The cash paid to purchase equipment would be reported as a cash outflow in the investing activities section c. Depreciation expense would be added to net income in the operating activities section. d. A loss on the sale of the equipment would be subtracted from net income in the operating activities section
A company pays its employees $5,600 every two weeks ($400/day). The current two-week pay period ends on December 26, 2021, and employees are paid $5,600. The next two-week pay period ends on January 9, 2022, and employees will be paid $5,600. Record the adjusting entry on December 31, 2021.
What will be an ideal response?
The public is well aware that much of what it has come to know and believe about a wide variety of products and services comes via publicity covered in the media
Indicate whether the statement is true or false
_____ segmentation refers to segmenting markets by region of a country or the world, market size, market density, or climate
a. Geographic b. Benefit c. Demographic d. Usage-rate