The area of accounting that provides external users with information is called _____.

When computing earnings per share on common stock, dividends on cumulative, nonconvertible preferred stock should be

a. deducted from net income only if the dividends were declared or paid in the current period. b. deducted from net income regardless of whether the dividends were not paid or declared in the period. c. deducted from net income only if net income is greater than the dividends. d. ignored.

A long-term plan that fulfills the goals and objectives of an organization is known as a(n)

a. management style. b. strategy. c. mission statement. d. operational mission.

Political candidates are notorious for appealing to the different beliefs and values of groups of potential voters in different areas of the country. These politicians are appealing to differences in

A. regional culture. B. country culture. C. demographics. D. generational cohorts. E. popular culture.

Gwyn loves to look at real estate listings for mansions in her city and often fantasizes about buying and living in one. As a teacher, however, Gwyn is not part of the market for expensive real estate because she 

A. lacks the willingness to purchase such products. B. lacks the authority to purchase such products. C. lacks the ability to purchase such products. D. is a business. E. is not part of the right demographic set.