Companies consider outsourcing more and more parts when it becomes increasingly more difficult to:
a. Find suppliers to do business with
b. Reward quality suppliers
c. Achieve further cost savings internally
d. Monitor supplier performance
c
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The FASB requires a separate note in the financial statements to show the effects of inflation so that investors are able to compare statements more accurately
a. True b. False Indicate whether the statement is true or false
When would a writer choose to use a passive voice?
A) When placing blame or giving credit B) When creating an impersonal tone C) When there is a need for strong sentence structure D) When there is a need for writing that is direct and lively E) When there is a desire to make the writing easier to read
How will giving internal previews and summaries, repeating your main points, and limiting the amount of information you present help your informative presentation succeed?
What will be an ideal response?
The following information is for Cleveland Company: End of YearBeginning of YearAccounts receivable $60,000 $84,000 Prepaid rent 20,000 8,000 Long term investments 70,000 80,000 Dividends payable 20,000 24,000 Salaries payable 76,000 82,000 Long term notes payable 170,000 180,000 Additional data for the current year: (1) Sales on account for the period were $80,000. (2) Operating expenses for the period were $52,000. Based on this limited information, what was the net cash inflow from operating activities?
A. $34,000 B. $22,000 C. $18,000 D. $28,000