Which of the following is not an example of a responsibility center?
A. Cost center.
B. Investment center.
C. Contribution center.
D. Profit center.
E. Revenue center.
Answer: C
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Briefly define cognitive ability.
What will be an ideal response?
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income$52,000Accounts payable decreased by 18,000Accounts receivable increased by 25,000Inventories increased by 5,000Depreciation expense 30,000Net cash provided by operating activities was:
A. $60,000. B. $34,000. C. $70,000. D. $80,000. E. $52,000.
The three branches of government in the United States are
a. the executive, legislative, and administrative. b. the administrative, executive, and statutory. c. the executive, legislative, and judicial. d. the administrative, legislative, and international.
What type of investment vehicle do venture capitalists use? a. bank loan
a. bank loan b. limited partnership c. angel account d. investment bonds