A well prepared master budget will provide the following benefits:
a. A means of promoting employee participation.
b. A means of evaluating employee performance.
c. A well prepared master budget will provide all of the above benefits.
d. A guide to allocate resources.
c
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Which item below lasts longer than emotions?
A. emotions B. instinct C. mood D. affects
Which of the following is a characteristic of a restricted security?
a. It is purchased in a private offering. b. It cannot be sold at any time. c. It is subject to reporting requirements. d. After six months, it is classified as a control security.
Colin wants information about the infrastructure in the countries his company is planning to export to, so he should gather information about the transportation and communications capabilities in each country.
Answer the following statement true (T) or false (F)
On March 1, Year 1, Gilmore Incorporated declared a cash dividend on its 1,500 outstanding shares of $50 par value, 6% preferred stock. The dividend will be paid on May 1, Year 1 to the stockholders of record as of April 1, Year 1.How will the May 1 payment of the dividend affect the elements of the financial statements? Assets=Liab.+Stk.EquityRev.?Exp.=Net Inc.Stmt. ofCash FlowsA.NA 4,500 (4,500)NA NA NA(4,500)FAB.(4,500) (4,500) NANA NA NA(4,500)FAC.(9,000) (9,000) NANA NA NA(9,000)IAD.NA NA NANA NA NANA
A. Option A B. Option B C. Option C D. Option D