Which of the following appears on a statement of cash flows prepared using the direct method?
A) adjustments to net income
B) cash payments for salaries
C) adjustments for gains and losses on sale of property
D) increase/decrease in current assets
B
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Why does severe ethnocentrism impede cultural competence?
a. An ethnocentric person will reject the uniqueness of other cultures. b. Ethnocentrism prevents learning another language. c. An ethnocentric person will not understand culture. d. Ethnocentrism leads to hate speech.
Brazil is not among the emerging market countries who have signed the New York Convention
Indicate whether the statement is true or false
Prospect and qualify is the step in the creative selling process in which the salesperson ________
A) meets the customer for the first time B) learns as much as possible about a prospective customer before making a sales call C) identifies potential qualified customers D) conveys the product's competitive advantages to a potential customer E) clarifies and overcomes a customer's concerns about buying
Answer the following statements true (T) or false (F)
1. Investors and management use the statement of cash flows to evaluate a firm's profitability. 2. The statement of cash flows is the link between the accrual-based income statement and the cash reported on the balance sheet. 3. The operating activities section of the statement of cash flows includes activities that create revenue or expenses for the entity's business. 4. The financing activities section of the statement of cash flows includes paying dividends and making payments on long-term liabilities.