QUESTION Which of the following are NOT reflected in a company’s cash flow statement? A) purchases of office supplies needed by the business B) payments from customers for products C) monies the company owes investors D) rent checks from a property the company is subleasing. ANSWER C
Date: September 3rd, 2020
QUESTION You are comparing cash flow statements for your business from the current month and the previous month. Which of the following would you be able to figure out? A) what denominations the business’s cash is in B) whether the business has cash C) how much cash the business has D) whether the business has […]
Date: September 3rd, 2020
QUESTION Which of the following indicates that a company has negative cash flow? A) The company’s cash on hand is unpredictable from month to month. B) The company’s cash is in the form of small bills. C) The company has more cash now than it did the previous month. D) The company has less cash […]
Date: September 3rd, 2020
QUESTION A company raises the price on its products and sells more of them. What is the impact on its cash flow? A) Cash inflow increases. B) Cash inflow decreases. C) Cash outflow increases. D) Cash outflow decreases. ANSWER A
Date: September 3rd, 2020
QUESTION How would you apply the principle of “paying yourself first”? A) Every time you get paid, put most of the money into a checking account that you can easily access. B) Every time you get paid, use a set amount of money to buy a small luxury item you’ve been wanting. C) Every time […]
Date: September 3rd, 2020
QUESTION Finding the right balance between revenues and spending can mean all the difference between success and failure. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Because they own a lot of valuable items that make more money, wealthy people become even more wealthy. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Many at Interstate feel that the information systems at the company are not sufficiently tailor-made to each of the functions of the different departments. Which of the following issues is most relevant to deciding whether this should be a priority? A) the degree to which the various departments differ in their work functions B) […]
Date: September 3rd, 2020
QUESTION Interstate’s head of human resources claims that the company needs to focus on improvements in the software available to employees. Which of the following, if true, strengthens her position? A) Many Interstate employees complain of slow, outdated computer hardware. B) Interstate has been slow to upgrade its employees’ web browsers with the latest versions. […]
Date: September 3rd, 2020
QUESTION Frisell’s claim assumes which of the following? A) Most consumers prefer to shop online rather than at a traditional physical store. B) Identity thieves will continue to be motivated to steal people’s identities. C) Most identity theft occurs because consumers do not take sufficient safety measures. D) Identity theft mainly occurs as a result […]
Date: September 3rd, 2020
