What is a cash equivalent? Provide one example of a cash equivalent
A cash equivalent is an item that can be readily converted to a known amount of cash and has an original maturity of three months or less to the investor. Common examples of cash equivalents include: treasury bills, short-term notes, and money market funds.
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Operating assets equals:
a. cash, accounts receivable, and equipment. b. current assets plus tangible assets. c. total assets minus intangible assets. d. only long-term assets. e. only current assets.
The Student Government Association supports an annual fundraiser for an important cause. This year, Alyssa, the SGA treasurer, strongly advocated for a pink-ribbon walk in support of Breast Cancer Awareness. As Alyssa listened openly to the others, she realized they could find a way to support more than one cause through this and other new events. She worked collaboratively with the others on getting her needs met and theirs as well. She used the ______ conflict-handling style.
a. avoiding b. dominating c. compromising d. integrating
____________ customers want a standard level of service with basic inspections and periodic inspections
a. basic needs b. risk avoider c. hand holder d. intermediate needs e. advanced needs
Bernes Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During October, the kennel budgeted for 2,700 tenant-days, but its actual level of activity was 2,720 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: Fixed element per monthVariable element per tenant-dayRevenue - $30.80 Wages and salaries$3,300 $6.10Food and supplies 600 10.10Facility expenses 8,800 3.60Administrative expenses 7,600 0.10Total expenses$20,300 $19.90?The activity variance for wages and salaries in October would be closest to:
A. $298 U B. $122 U C. $122 F D. $298 F