Which method of preparing the operating activities section of a statement of cash flows adjusts net income to remove the effects of deferrals and accruals for revenues and expenses?
a. The direct method
b. The indirect method
c. Both the direct and indirect methods
d. Neither the direct method nor the indirect method
b
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____ is a searching technique that can get results when the exact spelling of a word is not known, or it can help users obtain information that is loosely related to a topic.
A. Case-based reasoning B. Query by example C. Fuzzy logic D. Keyword searching
If a business had sales of $4,000,000, fixed costs of $1,300,000, a margin of safety of 25%, and a contribution margin ratio of 40%, what was the break-even point?
A) $3,250,000 B) $2,800,000 C) $5,200,000 D) $1,000,000
A bill of sale can be used as proof of an otherwise oral agreement
Indicate whether the statement is true or false
The monthly fee that HMOs charge employers is called the:
A) capitation payment B) capitation and insurance premium C) insurance premium D) subscription fee