U.S. GAAP classifies all of the following as operating activities on the statement of cash flows except
a. cash outflows to pay sales employees.
b. cash inflows from the property rental.
c. cash outflows to shareholders for dividends.
d. cash outflows to purchase merchandise for resale.
e. cash inflows from sales to customers.
C
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Customers today value a low price over personalized marketing efforts
Indicate whether the statement is true or false
Followers who are highly motivated, committed, and motivated to accomplish tasks are ______.
A. D1 B. D2 C. D3 D. D4
What can be done to assure the writer that information has been received or understood?
A) Send a message with a preliminary plan of action B) Send a confirmation message C) Send an indirect message indicating thoughts D) Send a confrontational message E) Acknowledge receipt of the message using email
The distinction between recognition and realization is essential to accrual accounting, hence the importance accorded to recognition criteria. Firms recognize items that qualify for inclusion in the financial statements when they enter the financial statements. In the case of value decreases, the firm
a. recognizes the decreases as impairment expenses when it realizes the collection of the reduced cash flows. b. recognizes the decreases as cost of goods sold when the decreases occur before it realizes the collection of the reduced cash flows. c. recognizes the decreases as impairment expenses when the decreases occur before it realizes the collection of the reduced cash flows. d. recognizes the decreases as cost of goods sold when it realizes the collection of the reduced cash flows. e. None of these answer choices is correct.