Which of the following will be listed in the operating section of the statement of cash flows that is prepared using the indirect method?
A) collections from customers
B) payments to suppliers
C) interest received
D) increases/decreases in current liabilities
D) increases/decreases in current liabilities
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James offers to sell his fishing boat to Brenda for $3,000 . Brenda says she will apply for a loan and will buy the boat within a week. A contract is formed:
a. when Brenda tells James she will buy the boat. b. when Brenda gets the money from the credit union. c. when Brenda applies for the loan at the credit union. d. only when James gets the $3,000.
George is a stockbroker in a leading brokerage firm. Recently, he has been assigned several additional tasks. He begins to consume alcohol to cope with the increasing workload. George also becomes demanding and overly critical of his coworkers and his family. In this example, George is exhibiting ________ strain.
A. virtual B. Type A C. hindrance D. instrumental E. behavioral
Which of the following should not be reported on the balance sheet of the General Fund?
A. Due from federal government. B. Equipment. C. Vouchers payable. D. Tax anticipation notes payable.
Which of the following is not a disadvantage of a major franchise?
a. franchise fees b. control exercised by the franchisor c. track record of the franchisor d. awareness of unfilled promises from franchisors