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Iteru [2.4K]
3 years ago
10

When preparing the operating activities section of the statement of cash flows using the indirect method, non-operating gains ar

e added to net income. true or false
Business
1 answer:
Lunna [17]3 years ago
4 0

Answer:

<em>True </em>

Explanation:

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The monitoring step of the mission and vision statements development process is analogous to which step of the principles of man
jeyben [28]

Answer: The "Controlling" step of the management framework.

Explanation: Management principles have been categorised into 4 main functions namely: planning, organising, leading and controlling. In short this is known as the P-O-L-C framework. The aim of this framework is to act as a guide used to assist management in addressing challenges faced by the organisation.

In the monitoring step of the mission and vision statements development is analogous (related) to the controlling element of the framework. In this step, key milestones are identified and recognised over time. Using these milestones, progress is monitored and measured against the objectives of the organisation. Audit can be an important tool used during this step of the process, to confirm whether milestones are effectively monitored.

3 0
3 years ago
(a) On March 2, Blossom Company sold $853,600 of merchandise to Kingbird Company on account, terms 3/10, n/30. The cost of the m
tester [92]

Answer:

The answers are:

A) to record sales

Dr Accounts Receivable 853,600

Cr Sales Revenue 853,600

to record inventory

Dr Cost of Goods Sold 540,300

Cr Merchandise Inventory 540,300

B) to record sales returns

Dr Sales Returns & Allowances 114,200

Cr Accounts Receivable 114,200

to record inventory

Dr Merchandise Inventory 68,200

Cr Cost of Goods Sold 68,200

C) to record payment

Cr Cash 717,218

Cr Sales Discounts 22,182

Dr Accounts Receivable 739,400

8 0
3 years ago
An important difference between the gdp deflator and the consumer price index is that
Temka [501]
<span>GDP stands for Gross Domestic Product and it reflects all goods and services produced within the country. CPI stands for Consumer Consumer Price Index and it reflects the prices of a representative basket of goods and services purchased by the consumers.</span>
7 0
3 years ago
What is a benefit for enrolling in employer-sponsored health insurance?
mel-nik [20]

Answer:

The correct answer is letter "A": With employer-sponsored health insurance, your employer will pay a part of the bill for you and the benefits will not be taxed.

Explanation:

The greatest advantage of employer-sponsored health insurance relies on the fact that a portion of the premium is paid by the employer and the other proportion is paid by the worker -usually 50% is paid by each party. Besides, those premiums are federally tax-free.

3 0
3 years ago
Bridgitte and Carlotta have started a business together; Carlotta put up half the money, but she is not involved in the manageme
Fittoniya [83]

Answer:

Limited partnership.

Explanation:

Limited partnership is a business that is set up by people who want to run a partnership together but where one or more of the partner is only interested in investing in the partnership without the desire to be involved in the day to day running as well as the right to take decision concerning the partnership, such an arrangement is called Limited partnership. The liability of the Limited partner is limited to the amount of capital contributed.

The other type of partner is general partner who is involved in the day to day running of the firm and has unlimited liability for the debt of the partnership.,

5 0
3 years ago
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