Under the indirect method, debits to the investing and financing sections represent inflows of cash

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following is a difference in the views of Keynesian and classical economists?

A. Keynesians believe that prices and wages adjust quickly, whereas the classicals believe they adjust slowly. B. Keynesians believe that policymakers have full knowledge about the state of an economy, whereas the classicals believe they don't. C. Keynesians believe that policymakers cannot offset shocks to an economy, whereas the classicals believe they can. D. Keynesians believe that most shocks to an economy are to long-run aggregate supply, whereas the classicals believe the shocks are to aggregate demand.

Business

All of the following objectives are reasons that service department allocations can motivate managers except to

a. instill a consideration of support costs in production managers. b. encourage production managers to help service departments control costs. c. encourage the usage of certain services. d. determine divisional profitability.

Business

Atlas Consultancies, a financial consulting firm, has received a tender offer for a takeover from a rival firm. In order to retain the goodwill of its management, Atlas gave its employees large bonus packages and other forms of compensation

Which of the following defensive strategies is Atlas using? A) porcupine provision B) golden parachute C) white knight D) greenmail

Business

Timothy, who lives alone, has a comprehensive general liability home insurance policy with the Great Pacific insurance company. He is planning to travel the world for a year and leave his home locked up while he is away

Which of the following should Timothy do? A) Tell the insurance company of his plans to leave the house vacant as doing this constitutes a change in the risk. B) Tell the insurance company of his plans because if he does not it will breach the fiduciary duty he owes the insurance company C) Give the insurance company of a forwarding address in case it needs to contact him D) Tell the insurance company so he can get a major reduction in his rates. E)He does not have to tell the insurance company as he still owns the property and he is free to travel.

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