Operating assets with no physical properties are called
a. current assets
b. intangible assets
c. plant assets
d. property, plant, and equipment
b
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On the statement of cash flows, the_____________section involves the issuance and repayment of long term liabilities and stock transactions
Fill in the blank(s) with correct word
Which situation indicates an internal control risk in the General Ledger/Financial Reporting Systems (GL/FRS)?
a. the employee who maintains the cash journal computes depreciation expense b. the cash receipts journal voucher is approved by the Treasurer c. the cash receipts journal vouchers are prenumbered and stored in a locked safe d. the employee who maintains the cash receipts journal records transactions in the accounts receivable subsidiary ledger
The Gen Xers are increasingly displacing the lifestyles, culture, and values of the baby boomers
Indicate whether the statement is true or false
The stability and flow of goods in global supply chains can be improved by ______.
a. increasing the carbon footprint b. minimizing orders for changes in parts, assemblies, specifications, engineering drawings, and documents c. producing products that are easy to manufacture d. using only local resources