When using the direct method, how is the collection of cash from customers shown on the statement of cash flows?
a. Operating activity
b. Investing activity
c. Financing activity
d. Noncash investing and financing activity
a
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Under IFRS, which of the following must be expensed?
A) maintenance only B) repairs only C) rearrangements only D) maintenance, repairs, and rearrangements
Which of the following is a cash flow from operating activities?
a. Sale of long-term investments in common stock. b. Purchase of merchandise for resale. c. Payment of a note payable. d. Sale of a piece of land no longer used in operations.
The output of the detailed design phase of the Systems Development Life Cycle (SDLC) is a
a. fully documented system report b. systems selection report c. detailed design report d. systems analysis report
Using a linear regression program, the term ‘Intercept' refers to the fixed cost
Indicate whether the statement is true or false