Payments made by one parent to the custodial parent to help pay for the costs associated with the child's cost of living would be classified as:
A) child support.
B) alimony.
C) spousal support.
D) temporary alimony.
A
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Indicate whether the statement is true or false
Materials and supplies that cannot be traced conveniently to specific products are called
a. indirect materials. b. raw materials. c. minor materials. d. direct materials.
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Indicate whether the statement is true or false
Which of the following statements regarding cash flows is true?
A) Many managers consider cash flow budgets to be the least important of all the budgets. B) As long as accounting revenues exceed accounting expenses, cash flow budgets do not have to be prepared. C) It is possible for cash receipts to exceed revenues earned in a given month. D) As long as a manager is confident that there will eventually be a cash receipt from a customer, the timing of the cash receipt is not important.