______ is a means of self-promotion as well as a vehicle to express your interest in another.
Fill in the blank(s) with the appropriate word(s).
Flirting
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Which of the following is a characteristic of the Financial Accounting Standards Board?
a. The FASB is composed of five members. b. FASB members must come from CPA firms. c. FASB members are part-time. d. FASB members may retain their positions with previous employers.
Which of the following items are included as an operating activity on the statement of cash flows, using the direct method?
A) purchase of treasury stock B) payment of dividends C) issuance of stock D) payment of interest expense
Fashion Jeans, Inc sells two lines of jeans; Simple Life and Fancy Life. Simple Life sells for $85.00 a pair and Fancy Life sells for $100.00 a pair. The company sells all of its jeans on credit and estimates that 60% is collected in the month of the sale, 35% is collected in the following month, and the rest is considered to be uncollectible. The estimated sales for Simple are as follows:
January 20,000 jeans, February 27,500 jeans, and March 25,000 jeans. The estimated sales for Fancy are as follows: January 18,000 jeans, February 19,000, and March 20,500 jeans. What are the expected cash receipts for the month of March? A) $3,988,125 B) $2,505,000 C) $2,125,000 D) $4,175,000
After consideration of a customer's request for a partial product refund due to repeated repairs, you have determined that you should comply. Which of the following is NOT part of your effective adjustment message?
a. A fair response to a legitimate request b. A statement that "the claim is being granted" c. Resale or sales promotional material d. An attempt to regain possible lost goodwill