Internal reports present data that is distributed inside the organization and is intended for employees within an organization. Internal reports typically support day-to-day operations monitoring that supports managerial decision making.
Answer the following statement true (T) or false (F)
True
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Which of the following is an adjustment that would need to be made to net income when calculating cash flows from operations under the indirect method?
a. Subtract amortization expense b. subtract gain on sale of subsidiary c. add an increase in accounts receivable d. add a decrease in accounts payable
External service desks typically face the same budget and staffing constraints that internal service desks do.
Answer the following statement true (T) or false (F)
If the assets owned by a business total $75,000 and liabilities total $50,000, the total for owner's equity is $125,000
Indicate whether the statement is true or false
The ________ function is involved with the process of developing, pricing, promoting, and distributing goods and services sold to customers
a. marketing b. human resource c. operations and production d. finance