IFRS permits firms to classify cash from interest and dividend revenue as _____ activities, provided the classification is consistently applied across periods
a. operating
b. investing
c. financing
d. operating, investing, or financing
e. None of the above are correct.
D
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Within his company, Greg has set up a system with inputs, outputs, transformation processes, and feedback. He utilizes a management style that varies according to the individual and environmental situation, with a strategy for minimizing errors by managing each stage of production. Greg is utilizing a _______ perspective.
A. historical B. classical C. qualitative D. contemporary E. behavioral
Employers computing taxable income receive a deduction for reasonable salary and wages paid to employees.
Answer the following statement true (T) or false (F)
Which of the following sales forecasting techniques would generally be most suitable for estimating sales of a new product?
A. Executive judgment B. Customer surveys C. Time series analysis D. Market tests E. Regression methods
Marking to market is the process by which the clearing house of an exchange ________
A) debits and credits the losses and profits to the margin accounts from the daily price changes of futures prices; closes the contract, and opens a new one at the new price B) forces the investor to go long the currency C) allows the market forces to affect daily prices until the expiration date D) closes the old contract and sets the price of a new contract a zero