Which of the following would not be presented in the financing section of the statement of cash flows?
A. Repayment of long-term bonds payable
B. Purchased treasury stock
C. Purchased a new office building by issuing a note payable
D. Issuing of preferred stock
Answer: C
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Nonmetric data are measured on an interval or ratio scale
Indicate whether the statement is true or false
Which type of power is based on relationships with influential people?
a. connection b. legitimate c. expert d. information
Under the perpetual inventory system, a physical count shows a $90.00 overage. How would the overage be entered into the journal and how would it be stated on the income statement?
a. Cost of Goods Sold would be debited $90.00 and Merchandise Inventory would be credited $90.00 with no effect of the overage being reported on the income statement. b. Inventory Short and Over would be debited $90.00 and Merchandise Inventory would be credited $90.00 and the overage would reported as an expense on the income statement. c. Merchandise Inventory would be debited $90.00 and Sales would be credited $90.00 with the revenue being reported on the income statement. d. Merchandise Inventory would be debited $90.00 and Inventory Short and Over would be credited $90.00 and the overage would be reported as other revenue on the income statement. e. Cash would be debited $90.00 and Accounts Receivable would be credited $90.00 and the overage would be reported as an expense on the income statement.
Not delegating tasks may be valid and acceptable ______________, but not effective ____________.
a. in the short-term; when the leader takes a long-term view. b. for leaders who are Type As; most other leaders. c. for leaders who have expertise; for less experienced leaders. d. in complex situations; for simple tasks.