Answer the following statements true (T) or false (F)
1. Problem-solution order is most frequently employed in informative presentations.
2. Configural formats are more explicit in offering hard evidence and proof in defense of a position and less listener-responsible in organization.
3. Instead of previewing and discussing main points one a time, configural thinkers approach their subject from a variety of perspectives.
1. F
2. F
3. T
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Exhibit 13-03 ? On January 1, 2017, Train, Inc accepted an $80,000, non-interest bearing 3 year note in exchange for equipment it sold to Steam Company. Train originally purchased the equipment for $125,000, and it had a book value of $75,000 on the date of the sale. The note was non-interest-bearing. An assumed 11% interest rate is implicit in the agreement. Actual information for 11%, three
periods, follows: ? Present value of 1 0.73119 Present value of annuity of 1 2.44371 ? ? Refer to Exhibit 13-03. What amount would Train record as interest income on December 31, 2017? A) $6,434 B) $8,800 C) $2,366 D) $0
If a revenue expenditure is incorrectly recorded on a company's books as a capital expenditure, which of the following statements will be true?
A) Stockholders' equity will be overstated at year end. B) Net income in the following year will be unaffected. C) Total assets will be understated at year end. D) Net income will be understated for the year.
Which of the following is true of collection float?
A) It represents the time delay between when payment is placed in the mail and when it is received. B) It represents the time between receipt of a payment and its deposit into a firm's account. C) It results from the lapse between the time when a firm deducts a payment from its checking account ledger and the time when funds are actually withdrawn from its account. D) It results from the delay between the time when a customer deducts a payment from the checking account ledger and the time when the vendor actually receives the funds in a spendable form.
As a middle manager, Jobeth selects the goals for her team. The task that Jobeth is demonstrating is called leading.
Answer the following statement true (T) or false (F)