A money market deposit account (MMDA) requires a minimum balance, pays interest, and allows a limited number of checks to be written each month
Indicate whether the statement is true or false.
Answer: TRUE
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A company should choose a depreciation method that
a. best allocates the original cost of the asset to the periods benefited by the use of the asset. b. saves the most taxes. c. minimizes net income d. shows the highest amount of net income.
Which of the following is true about the relationship of SEM to factor analysis?
A) The measurement model in SEM is similar to factor analysis in that both techniques have variables with loadings on factors. B) Concepts such as correlations and covariances are common to both the techniques. C) SEM, we have to specify which variables are associated with each construct based on theory. D) A and C are correct. E) A, B and C are correct.
Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Depletion Expense-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
A) Add to net income to arrive at net cash flows from operating activities. B) Subtract from net income to arrive at net cash flows from operating activities. C) Not used to adjust net income to calculate net cash flows from operating activities.
All of the following business leaders and philosophers are associated with scientific management EXCEPT ______.
A. Lee Iacocca B. Frederick Taylor C. Ray Kroc D. Frank Gilbreth