Answer:
C. Purchase of treasury stock
Explanation:
The purchase of treasury stock results in a change in the stockholder's equity and as such is recognized as a financing activity in the statement of cash flows.
For the other options, amortization expense is a non-cash item and is adjusted for in the net cash flows from operating activities.
Collection of notes receivable is a change in current assets hence it is reported under net cash flows from operating activities.
Sale of equipment is reported under net cash flows from investing activities.
Hence the right option is C. Purchase of treasury stock.
What do you want to be when you grow up?
The type of cover letter written to inquire about possible job openings is b. prospecting letter.
<h3>What is Prospecting letters ?</h3>
Prospecting letters serves as one that is been sent are to leads potential clients, or past clients so they can continuously grow a real estate business.
Therefore, prospecting letter is type of cover letter written to inquire about possible job openings.
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Answer:
c. Steve records receivables and writes off bad debts.
Explanation:
Segregation of duties is an internal control measure implemented by an organization to reduce the risk of fraud or error. It is the practice of separating duties to ensures mistakes, whether deliberate or not, do not happen without being detected by some else. In the segregation of duties, one person does not control transactions from start to finish.
Steve's role is of receiving inventories, and writing off bad debts poses a risk to the business. The two transactions relate to debt management. There is a likelihood of Steve interfering with accounts to records them as bad debts, yet he has received payments
It is more important to understand the personality of a manager than to understand the personality of an employee because the actions of a manager impact the behavior and outcomes of many people.
<h3><u>
What is the role of a manager?</u></h3>
- Most frequently, managers are in charge of a specific job function or division inside the company.
- A manager either directly leads his or her team in accounting, marketing, sales, customer support, engineering, quality, and all other groups, or they are in charge of a group of supervisors that manage the teams of employees. Title hierarchies are found in organizations.
- Each of these individuals carries out distinct and crucial tasks that allow the business to run, fulfill its duties, and generate a profit.
- Particularly in smaller firms, a manager may have the authority to recruit, fire, reprimand, or promote employees with the help of the human resources team.
In larger organizations, a manager may only suggest such a course of action to the level above them. In both large and small businesses, the manager has the power to modify the tasks that team members are assigned to do.
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