The indirect and direct methods:
A. Are two allowable methods to present operating activities in the statement of cash flows.
B. Are used by companies about equally in actual practice.
C. Affect the presentations of operating, investing, and financing activities.
D. Arrive at different amounts for net cash flows from operating activities.
Answer: A
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When utilizing Facebook, how can businesses utilize a "soft sell" for merchandise?
A) By taking advantage of social media primetime B) By diversifying content C) By posting daily, but not excessively D) By being visual E) By keeping important posts in front of the audience
Just as marketers create value by meeting the needs and wants of consumers, marketing researchers create value if
A. the research is expensive. B. the research is finished quickly. C. the results will be used in making management decisions. D. all participants like the research design. E. the research does not cost too much.
The rule that (1) requires revenue to be recognized when goods or services are provided to the customer and (2) at the amount expected to be received from the customer is called the:
A. Measurement (Cost) principle. B. Objectivity principle. C. Going-concern assumption. D. Revenue recognition principle. E. Business entity assumption.
Ms. Kilo is an unmarried individual. She has $219,344 taxable income in 2019. Compute Ms. Kilo's regular tax liability if she files as a single taxpayer and if she files as a surviving spouse.
A. Single $70,190; surviving spouse $52,642 B. Single $43,896; surviving spouse $52,460 C. Single $55,990; surviving spouse $42,222 D. None of the above