Regarding the Statement of Cash Flow, which of the following is not true regarding operations?
a. A financially healthy company generates sustained cash inflows from selling goods and providing services
b. Assessed over several years, the cash flow from operations indicates the extent to which operating activities generate more cash than they use
c. A firm can use the excess cash flow from operations to acquire buildings and equipment, pay dividends, retire long-term debt
d. A firm cannot use the excess cash flow from operations for investing and financing activities
e. All of the above are not true.
D
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Which of the following is critical to strategic problem solving?
A. Creative solutions B. High-tech equipment C. Nonverbal communication D. Industry alliances E. Effective prospecting
Simplicity is the main advantage of which of the following process costing methods?
A) weighted average B) FIFO C) LIFO D) Exact cost method
Cliff agrees with Sarah to extend the closing date of the purchase of his house for one week. Sarah agrees to pay Cliff $1,000 for this extension. This extension term is called:
A) an offer. B) an option C) a conditional term D) an acceptance E) an extension offer
If a firm gives as much or more weight to seniority as to ability and productivity when considering layoffs, it is likely that the organization is unionized.
Answer the following statement true (T) or false (F)