A contingency plan describes alternative courses of action to be implemented if specific

conditions called "triggers" occur.

Indicate whether the statement is true or false


TRUE

Business

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Communities of customers, product enthusiasts or others linked through social media who engage in online discussions are good sources of information from the community

Indicate whether the statement is true or false.

Business

A company purchases an asset on a deferred payment plan, ultimately paying $10,000 . On the payment date, the company would

a. credit Cash for less than $10,000. b. debit Interest Expense for the imputed amount. c. debit the asset account for $10,000. d. debit Accounts Payable for $10,000.

Business

A manager can improve the economic value of an investment center by decreasing assets

Indicate whether the statement is true or false

Business

Cash flow yield is equal to net cash flows from operating activities:

a. divided by net income. b. divided by net sales. c. divided by net average total assets. d. minus dividends minus net capital expenditures.

Business