Under the indirect method, when preparing the statement of cash flows, a decrease in the merchandise inventory account balance is

a. added to cost of goods sold; b. added to net income; c. subtracted from cost of goods sold; d. subtracted from net income; e. added to net sales


B

Business

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This year, Mr. Chester gave $50,000 to an old friend who has no legal obligation to repay the money. The entire $50,000 is a taxable gift.

Answer the following statement true (T) or false (F)

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Which statement about performance measures is false?

a. The addition of new product features is an example of a qualitative market based performance measurement. b. Increase in revenue is a financial market based measure. c. Reduction in product costs is a financial cost based performance measure. d. Customer satisfaction is a human resource performance measure.

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You can use the USER_OBJECT data dictionary view to review the source code of a procedure, function, or package.

Answer the following statement true (T) or false (F)

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Encouragement is most effective when it is given after a long period of time after a trainee successfully accomplishes a certain task so that the employee knows that management has not forgotten his/her contributions.

Answer the following statement true (T) or false (F)

Business