Since praise is a powerful motivator, appraisers should alternate positive and negative statements during a performance appraisal interview.
Answer the following statement true (T) or false (F)
False
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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income$55,000? Accounts payable increased by 21,000? Accounts receivable decreased by 31,000? Inventories decreased by 8000? Cash dividends paid 17,000? Depreciation expense 26,000? Net cash provided by operating activities was:
A. $76,000. B. $125,000. C. $141,000. D. $77,000. E. $30,000.
In a service industry, direct materials are usually significant in amount and can be easily traced to a cost object
Indicate whether the statement is true or false
The expense recognition principle ("matching") matches:
A. expenses with the revenues to which they relate. B. cash receipts with cash disbursements. C. assets with liabilities. D. prepaid expenses with deferred revenues.
Events A and B are considered to be dependent events if the probability of Event A given the occurrence of Event B is equal to the probability of Event A occurring
Indicate whether the statement is true or false