Which of the following is an advantage of the use of current liabilities to finance assets?
A) less risk of illiquidity B) more flexibility
C) lower interest costs D) both B and C
D
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A company's overall ability to execute is a function of effectively executing according to three processes, but Bossidy and Charan believe that the _____ process is the most important.
A. operations B. leading C. people D. planning E. strategy
Using the concept of comprehensive income, which of the following items is included as part of comprehensive income but not as part of net income?
a. Extraordinary items b. Accounting changes c. Unrealized holding gains or losses d. Loss on sale of investments
If Wal-Mart stock increases in value during the tax year by $6,000, the amount realized is a positive $6,000.
Answer the following statement true (T) or false (F)
Because e-mail is an informal communication tool, it's not necessary to check your messages for correct spelling, grammar, and punctuation
Indicate whether the statement is true or false