Obscure word or phrases that are meant to impress others are generally considered what?
A) Text language
B) Passive language
C) Humorous language
D) Obsolete or pompous language
E) Insincere language
Answer: D
Explanation: D) Most companies now shy away from such dated phrases as "attached please find" and "please be advised that." Similarly, avoid using obscure words, stale or clichéd expressions, and complicated sentences whose only intent is to impress others.
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a. accelerated b. accelerated-arrested c. intermediate d. prolonged
Which of the following would be included in the "cash flow from operating activities" section of the statement of cash flows?
A. Payments of cash dividends to the owners of the business. B. Purchase of land for cash. C. Accrual of salary expense at year-end. D. Cash paid for interest on a note payable.
If a production department has 100 equivalent units of production with respect to direct materials in a given reporting period, the equivalent units of production with respect to direct labor must also be 100.
Answer the following statement true (T) or false (F)
You own a gas station and are thinking about raising prices because your cost of the gasoline has increased. You are worried that if you raise the price, the quantity of gasoline purchased by your customers will decrease, thereby lowering your total revenues. Analyze this situation.
What will be an ideal response?