During Year 9, Hart Motors Corp had a net $100,000 decrease in Warranties Payable. The T-account work sheet for preparing the statement of cash flows
a. adds this decrease in Warranties Payable so that cash flow from operations reports cash expenditures, not expenses.
b. subtracts this decrease in Warranties Payable so that cash flow from operations reports cash expenditures, not expenses.
c. adds this decrease in Warranties Payable so that cash flow from operations reports cash expenses, not expenditures.
d. subtracts this decrease in Warranties Payable so that cash flow from operations reports cash expenses, not expenditures.
e. subtracts this decrease in Warranties Payable so that cash flow from financing reports cash expenses, not expenditures.
B
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Under which of the following scenarios would an entity not be classified as a variable interest entity?
a. The equity investing firms do not have the obligation to absorb the expected losses of the variable interest entity if they occur. b. The investing firms do not have the right to receive the expected residual returns of the variable interest entity if they occur. c. The total equity investment at risk is sufficient to permit the variable interest entity to finance its activities without additional subordinated financial support from other parties. d. The equity investing firms do not have the direct or indirect ability to make decisions about the variable interest entity's activities through voting rights or similar rights.
What is inbound marketing? Mention at least four tools of inbound marketing.
What will be an ideal response?
One of the two characterizations of expert hackers is ________
A) automated attack tools B) dogged persistence C) Both A and B D) Neither A nor B
Companies are allowed to switch each year from one inventory cost method to another, depending on economic circumstances.
Answer the following statement true (T) or false (F)