Finance is ________
A) the system of verifying, analyzing, and recording business transactions
B) the science of production, distribution, and consumption of goods and services
C) the art and science of managing money
D) the art of merchandising products and services
C
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Which of the following would be the most ethical approach to proposal writing?
A) Discuss flaws in your competitor's products or services so the audience does not error in deciding who to grant the project to. B) Make product or service comparisons based on customer reviews C) Ignoring other options that would work for the audience, if the audience did not specifically request information on those D) Promise whatever it will take to win the contract, and determine how to meet those obligations after E) Discuss the costs that will accurately meet your audience's requirements and expectations.
When accounting for a cash flow hedge of a recognized asset or liability, which of the following is/are true?
a. If the derivative is not highly effective in neutralizing the gain or loss on the hedged item, then the firm must reclassify the ineffective portion to net income immediately and not wait until the gain or loss on the hedged items affects net income. b. The firm reports the hedged asset and liability and the hedging instrument separately on the balance sheet and the cumulative amount of net changes in fair value of the hedging instrument in accumulated other comprehensive income. c. The firm removes the hedged asset or liability and its related derivative from the accounts at the time of settlement. d. The firm reclassifies gains and losses from other comprehensive income to net income when the gain or loss on the hedged item affects net income. e. all of the above.
A divorce is the only method for legally terminating a marriage
Indicate whether the statement is true or false
The American Federation of Labor believed that allowing skilled craftsmen to establish and enforce their own work rules and work standards would do all of the following except:
A. Promote the dignity of workers. B. Reinforce their ability to participate in a democratic society. C. Maintain high standards of the craft. D. Advance the cause of industrial workers.