Which of the following statements is true?

a. The method of preparing the operating activities section of a statement of cash flows which adjusts net income to remove the effects of deferrals and accruals for revenues and expenses is the direct method.
b. The method of preparing the operating activities section of a statement of cash flows which reports major classes of gross cash receipts and cash payments for revenues and expenses is the indirect method.
c. The FASB prefers the indirect method of preparing the operating activities section of the statement of cash flows.
d. Most companies use the indirect method of preparing the operating activities section of the statement of cash flows.


d

Business

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The more similar two competitors are from a customer perspective, the more likely customers are to switch from one to the other

Indicate whether the statement is true or false

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Which of the following factors about a prospective customer is LEAST relevant to a salesperson?

A. Attitude B. Motivation C. Physicality D. Education E. Personality

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What are the five characteristics of good data?

What will be an ideal response?

Business

Global Properties, Inc. (GPI), a U.S. firm, owns property in Hong Kong. The government in Hong Kong takes GPI's property without paying for it. A U.S. court will probably not examine the validity of this act committed by China within its own territory, under

A. the act of state doctrine. B. the doctrine of sovereign immunity. C. the principle of comity. D. the World Trade Organization .

Business