Which of the following would be added to net income in the operating activities section of a statement of cash flows prepared using the indirect method?
A. an increase in property, plant, and equipment.
B. an increase in accrued liabilities.
C. an increase in accounts receivable.
D. an increase in prepaid expenses.
Answer: B
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Organization costs are expensed when incurred
Indicate whether the statement is true or false
Which best describes a mission statement’s purpose?
A. communicates the central identity and purpose of an organization B. communicates core values to inform organizational decision-making C. reflects the ideals of its members D. all of these
A job consists of a series of three tasks. Task 1 is performed correctly 98% of the time, task 2 is performed correctly 99% of the time, and task 3 is performed correctly 97% of the time. What is the reliability of this job?
A) 91.27% B) 94.11% C) 97.00% D) 98.00% E) 99.00%
Dentists have to earn 40 continuing education (C.E.) hours every two years to stay licensed. Dental Learning Systems Co. (DLSC) prepared and presented dental seminars around the United States to help provide dentists with the access to continuing education courses. During the 1990s, DLSC introduced a journal that could be used like a correspondence course for earning C. E. hours. A dentist gets a list of upcoming articles/lessons, registers for one that meets his or her need, studies the information provided in the journal and fills out paperwork for DLSC, which then sends notification of completion and the C.E. hour(s) earned to the accrediting bureau. The Dental Learning Systems journal is a:
A. Major innovation B. Service line extension C. New service for the currently served market D. Service improvement E. Style change