A company's balance sheet shows the account, Notes Payable. This resulted from a loan made by the company's bank. If the end-of-year balance in the notes payable account exceeds the beginning-of-year balance by $5,000, this is shown on the cash flow statement as an
a. inflow of cash of $5,000 in the operating activities category.
b. outflow of cash of $5,000 in the operating activities category.
c. inflow of cash of $5,000 in the financing activities category.
d. outflow of cash of $5,000 in the financing activities category.
c
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The irrational escalation of commitment is a cognitive bias that refers to
A. the perspective or point of view that people use when they gather information and solve problems. B. the standard against which subsequent adjustments are measured during negotiation. C. how easily information can be recalled and used to inform or evaluate a process of a decision. D. a negotiator's commitment to a course of action, even when that commitment constitutes irrational behavior on his/her part.
If a copyright expires, the material is said to be—
a. open to fair use b. common knowledge c. in the public domain d. intellectual property
Choosing a poor location for a restaurant is an example of poor ________?
a. Internal fit b. External fit c. Both internal and external fit d. Neither internal nor external fit
International entrepreneurship is the process of an entrepreneur conducting business activities across national boundaries.
Answer the following statement true (T) or false (F)