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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What distinguishes an apprenticeship from an internship?
A. An apprenticeship is an on-the-job training method, whereas an internship is a classroom-based training method. B. An apprenticeship does not provide an income, whereas an internship provides an income while learning a trade. C. An apprenticeship is sponsored by employee unions, whereas an internship is sponsored by educational institutions. D. An apprenticeship is an unstructured training method, whereas an internship is a structured training method. E. Most apprenticeship programs take place in white-collar professions, whereas most internship programs occur in blue-collar jobs.
Upward mobility, a value that strongly influenced attitudes in America's first 200 years, emphasizes:
a. hard work. b. nonconformity. c. self-dealing. d. unconventionality.
The terms of a franchise relationship are found primarily in
a. FTC regulations. b. federal law. c. state statutes. d. the franchise agreement.
An instrument that states "due Kelly Brook $200" or "IOU, Kelly Brook, $200" is not negotiable because ________
a. it is an order to pay b. it does not contain a promise to pay c. it is more than an authorization or request d. it lacks negotiability owing to the reference to another agreement