What is the rationale for the statement of cash flows?
The statement of cash flows provides information on the sources and uses of cash. Even profitable firms sometimes find themselves in need of cash and unable to pay suppliers, employees, and other creditors. This may occur for two reasons:
1 . The timing of cash receipts from customers does not necessarily coincide with the recognition of revenue, and the timing of cash expenditures does not necessarily coincide with the recognition of expenses under the accrual basis of accounting.
Normally cash expenditures precede the recognition of expenses and cash receipts occur after the recognition of revenue.
2 . The firm may need to acquire new property, plant, and equipment; retire outstanding debt; or reacquire shares of its common stock when there is insufficient cash available.
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The research industry's current standard telephone interview method is referred to as ________
A) standard telephone interviewing B) central location telephone interviewing C) methodological interviewing D) interview methodology E) telephone interview method
Why is perception important in the workplace?
What will be an ideal response?
The résumé in the United States
a. is longer than those in Great Britain. b. is about the same length as those in Germany. c. resembles those in Spain in length and format. d. is similar to the résumé in France.
For a business to be successful, a competitive advantage must be ________.
A. expensive B. legal C. sustainable D. profitable