The first step in planning how to price a product is to develop pricing objectives.

Answer the following statement true (T) or false (F)


True

Business

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A decrease in prepaid expenses of $8,000 for the year:

A. increases cash flow from operating activities by $8,000. B. decreases cash flow from operating activities by $16,000. C. decreases cash flow from operating activities by $8,000. D. increases cash flow from operating activities by $16,000.

Business

The Society for Human Resource Management lists which of the following as inappropriate use of company email?

a. cross-department messages b. expressing discontent of working conditions c. Title VII violations d. email from a work account to the employee’s personal email account

Business

Buildings, land, and equipment are classified as ________

A) current assets B) long-term assets C) current liabilities D) long-term liabilities

Business

The original issue discount (OID) rules apply to all debt instruments with OID, except:

A. U.S. savings bonds. B. Tax-exempt debt. C. Non-business loans of $10,000 or less between natural persons. D. All of these.

Business