What are four features of the Pendleton Act?
What will be an ideal response?
(a) Established open, competitive examinations based on technical qualifications
(b) Provided lists of those eligible or “certified” to the hiring authority
(c) Prohibited politicians from intervening in civil service selection
(d) Created an independent Civil Service Commission
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Why is depreciation added to net income in the Operating Activities category of the statement of cash flows when the indirect method is used?
a. Depreciation expense is a negative amount in the Investing Activities section and therefore is a positive amount in the Operating Activities section. b. Depreciation provides cash and therefore must be added to net income. c. Depreciation was deducted in arriving at net income on the accrual basis of accounting; however, it did not require the use of cash. d. Depreciation reduced the book value of plant assets and, therefore, must be reported as an investing activity.
Which of the following is the correct description of dividends in arrears?
A) the cumulative amount of dividends that were not paid in previous years B) the cumulative amount of dividends that were paid in previous years C) the amount of dividends that were paid after the payment date D) the amount of dividends that will be paid in the next year
. ______ refers to an individual’s willingness to talk about problems while ______ describes the desire to help others succeed.
Fill in the blank(s) with the appropriate word(s).
The Digital Millennium Copyright Act exempts digital technology from copyright protections
Indicate whether the statement is true or false