A cash equivalent must be readily convertible to a known amount of cash, and must be sufficiently close to its maturity so its market value is unaffected by interest rate changes.
Answer the following statement true (T) or false (F)
True
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Gain on sale of plant asset
a. Balance Sheet—Property, Plant, and Equipment b. Balance Sheet—Intangible Assets c. Balance Sheet—Current Assets d. Balance Sheet—Other Assets e. Income Statement—Operating Section f. Income Statement—Other Revenue and Expense Section g. Statement of Cash Flows
In dealing with capitalized costs, what should be done when deferred charges of interest exist on the balance sheet?
a. Assume them as accurately capitalized b. Consider them candidates for fraud c. Look for ways to research the issue d. Nothing should be done, as they are perfectly normal on the balance sheet
The direct materials standards for the main product of Duchess Company are 8 grams of direct materials per product at a cost of $3 per gram. During April, 974 grams of direct materials were used to produce 120 products at a direct materials cost of $2,900 . The direct materials quantity variance for April was
a. $72 (U). b. $92 (U). c. $42 (U). d. $112 (F).
Answer the following statements true (T) or false (F)
1. Nonverbals enhance communication by combating the effects of noise. 2. Kinesics is the category of nonverbals behavior that is the most studied. 3. The term “kinesics” refers to the space around us and how we and others relate to it. 4. South American and Arab business people generally prefer to operate in the same proxemic zone as U.S. business people.