The Enron financial scandal increased uncertainty about the quality of accounting information and as a result, increased required return on investment in stocks

Indicate whether the statement is true or false


TRUE

Business

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Under the indirect method, an increase in accounts payable is:

a. added to the net income to arrive at the net cash inflow from financing activities. b. not reported in the statement of cash flows. c. added to the net income to arrive at the net cash inflow from operating activities. d. subtracted from the net income to arrive at the net cash inflow from operating activities.

Business

Which of the following statements is true about Ballot Measure 37?

A) It was passed in the state of Florida. B) It applies to property owners of all the states in the country. C) It requires the government to either exempt the property from the rules or compensate for losses. D) It provides compensation to property owners only after a 50 percent reduction in the property's value is seen due to new regulations.

Business

A(n) ________ is a patent granted to protect new and original blueprint of an article of manufacture

A. copyright B. utility patent C. plant patent D. design patent

Business

Which of the following correctly pairs a product with the stage in its life cycle?

a. checkbooks: growth b. credit cards: maturity c. 3-D televisions: obsolescence d. smart cards: decline

Business