The forces for organizational change have resulted in the need for organizations to be ______.
A. reactive
B. proactive
C. inactive
D. active
B. proactive
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Which of the following sections will not appear in the statement of cash flows?
A. operating activities B. investing activities C. financing activities D. selling activities
The earnings and losses from a sole proprietorship are reported on ________
A) the federal income tax filing document B) the business license that is renewed each year C) the proprietor's personal income tax filing D) the state income tax filing document
Variable manufacturing overhead costs are treated as product costs under both absorption and variable costing.
Answer the following statement true (T) or false (F)
Payment of cash for production workers' wages is:
A. An asset use transaction. B. An asset source transaction. C. An asset exchange transaction. D. A claims exchange transaction.