Purchasing predictability is relatively high for ______.
a. direct material purchases
b. indirect material purchases
c. centralized material purchases
d. decentralized material purchases
a. direct material purchases
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A list of the members of the population and a skip interval are used in which of the following sampling methods?
A) simple random B) systematic C) cluster D) stratified E) convenient skip
In IFRS, preferred stock subject to redemption at the option of the preferred shareholders appears
a. between liabilities and shareholders' equity. b. as a liability. c. as a shareholders' equity. d. as a revenue. e. as an expense.
In a short essay, list and discuss the three deontological frameworks.
What will be an ideal response?
Anderson, Inc. has owned 70% of its subsidiary, Arthur Corp., for several years. The consolidated balance sheets of Anderson, Inc. and Arthur Corp. are presented below: 20182019Cash$8,000 $26,000 Accounts Receivable (net) 75,000 54,000 Inventory 100,000 89,000 Plant & Equipment (net) 156,000 170,000 Copyright 16,000 18,000 $355,000 $357,000 Accounts payable$60,000 $51,000 Long-term Debt 0 35,000 Noncontrolling interest 27,000 25,000 Common stock, $1 par 100,000 100,000 Retained earnings 168,000 146,000 $355,000 $357,000 ??Additional information for 2018:? The combination occurred using the acquisition method. Consolidated net income was $50,000.? The noncontrolling interest share
of consolidated net income of Arthur was $3,200. ? Arthur paid $4,000 in dividends. There were no purchases or disposals of plant & equipment or copyright this year. Net cash flow from operating activities was: A. $43,000. B. $25,000. C. $46,200. D. $50,000. E. $44,800.