Nature Metals Company uses the direct method to prepare its statement of cash flows. Use the following information reported for the year 2018 to compute the cash paid to suppliers for operating expenses.
Operating expenses, $29,000
Accrued Liabilities, beginning balance, $3400
Accrued Liabilities, ending balance, $5400
A) $32,400
B) $31,000
C) $27,000
D) $34,400
C) $27,000
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Ken, a real estate agent, assures Lily that a certain parcel of commercial property fronts on the most highly trafficked street in Metro City. Lily buys the property and then discovers that the street has no more traffic than any other in its vicinity. Lily may recover damages for
A. the city’s undue influence. B. the agent’s fraudulent misrepresentation. C. the buyer’s mistake. D. none of the choices.
Companies have the option of choosing from the following types of processes except ______.
a. project b. fixed c. batch d. repetitive
Which of the following methods of job analysis focuses directly on what people do in their jobs, and thus it provides insight into job dynamics?
A. Structured questionnaires B. Job performance C. Critical incidents D. Interviews
Which of the following techniques can be used to select items for cycle counting?
A) Make a random audit of the items. B) Count all items once a year. C) Count only "A" and "B" items. D) Count all items the same number of times a year. E) Base the frequency of count on annual dollar usage.