U.S. GAAP requires the classification of
a. the receipt of cash from interest and dividend revenues as an operating activity and cash related to the purchase and sale of long-term investments in securities as an investing activity.
b. both receipt of cash from interest and dividend revenues and cash related to the purchase and sale of investments in securities as an investing activity.
c. both receipt of cash from interest and dividend revenues and cash related to the purchase and sale of long-term investments in securities as an operating activity.
d. both receipt of cash from interest and dividend revenues and cash related to the purchase and sale of investments in securities as a financing activity.
e. both receipt of cash from interest and dividend revenues and cash related to the purchase and sale of long-term investments in securities as an exchange activity.
A
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All of the following are consistent with the purpose of determining the useful life of a long-lived asset except:
a. using the information to convey expectations about the future usefulness of the assets to stakeholders. b. using the information to help project a rational basis for depreciation c. using the information to help project a systematic basis for depreciation d. using the information to manage earnings upward.
The higher an organization's capital costs, the greater the opportunity cost of holding idle cash
Indicate whether the statement is true or false
Craig is starting a new business and looking for an easy-to-use performance appraisal method that he can apply to every job in the organization, from the top manager to the cleaning staff. Craig should probably adopt the ______ method of performance appraisal.
A. ranking B. management by objectives C. graphic rating D. behavioral anchored rating E. qualitative ranking
Normalized design would place client's work, home, and cell phone numbers in a separate table
together with the ClientID. Indicate whether the statement is true or false