1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mafiozo [28]
3 years ago
9

Mark Paxson maintains that the statement of cash flows is an optional financial statement. Do you agree? Explain.

Business
1 answer:
AlekseyPX3 years ago
6 0

Answer:

I Disagree

Explanation:

The statement of cash flows is of extreme importance for a company and its stakeholders (especially investors). It shows how activities affecting the balance sheet and the financial statement also affect cash and cash equivalents, and while it is true that the balance sheet has an account under that name, it does not provide enough detail.

The statement of cash flows on the other hand details how much cash the company gets from financing, operating, and investing activities, and from this information, a potential investor can make crucial analysis when determining whether to invest or not.

You might be interested in
ABC has the following information for the current year: Budgeted indirect costs are $4,000, the budgeted allocation base is 2,00
Marrrta [24]

Answer:

$2 per hour

Explanation:

<u>Given</u>: Budgeted indirect cost $4000

           Budgeted allocation base ; 2000 hours

           Actual indirect costs incurred: $4200

           Actual allocation base : 2050 hours

Standard rate for allocation of indirect cost = Budgeted indirect cost/Budgeted allocation base

= $4000/2000 hrs

= $2 per hour

Budgeted or standard indirect cost rate refers to the estimated indirect cost rate which is arrived at by dividing budgeted expenses by budgeted allocation base i.e budgeted hours here.

8 0
3 years ago
Jerzy wants to keep his overall costs down and to enter into the international marketplace slowly and carefully. He is consideri
Varvara68 [4.7K]

Answer: Exporting

Explanation: Export refers the process in which good produced in one country is purchased by some another country.

In the given case, Jerzey is using the method of counter trade for the purpose of exporting. In counter trade, the two firms exchange their product on the basis of their particular needs.

Thus, from the above we can conclude that the right answer is option D.

8 0
3 years ago
Which of the following is the term used to describe the institutional arbitrage of various securities, including stocks and opti
Agata [3.3K]
A hope it helps you
8 0
3 years ago
What are the types of experiences, especially staffing-related ones, that an organization will be likely to have if it does not
lisov135 [29]

Answer and Explanation:

There are various types of experiences that in case when the organization does not engage in HR and staffing planning which are as follows

1. Employees in shortage capacity

2. In shortage of skills

3. Lacking of motivation skills

4. Inflexible working environment

5. Inadequate workforce, etc

These types of experiences the organization is facing if it is not engaged with the HR and the staffing planning

3 0
3 years ago
Neal joins Filestene Inc. as an executive designer. The HR manager informs him that he will have to join the labor union within
Gnesinka [82]

Answer: (E) Union shop

Explanation:

 The union shop arrangement is refers to the process in which we require the number of workers for join and also participate in the specific union and it is also called as the post entry or the closed shop.

The workers or the union representatives also providing the various types of benefits in the specific time period. Depending on the different protection level the trade unions are varying nation to nations.

According to the given question, the Neal's human resource manager is basically referring to the union ship that is related to the union membership.    

Therefore, Option (E) is correct answer.  

7 0
3 years ago
Other questions:
  • Howard's Supply Co. suffered a fire loss on April 20, 2021. The company's last physical inventory was taken January 30, 2021, at
    12·1 answer
  • Six Sigma Projects are easy to identify. They seek out sources of waste such as overtime and warranty claims; investigate produc
    10·1 answer
  • In a response to public outcry over the Internal Revenue Service’s (IRS) extent and abuse of power, the Federal government has d
    8·1 answer
  • Throughout the entire semester, you were trained to relate expenses to the revenues generated in the same accounting period. Dif
    13·1 answer
  • The commercial banking system has excess reserves of $200,000. Then new loans of $800,000 are subsequently made, and the system
    15·1 answer
  • Cash flow from operating activities is increased by: a. depreciation and amortization b. a decrease in accounts receivable c. a
    10·1 answer
  • The solicitation of a consumer's consent (called "opt-in") to receive email and advertising based on personal data supplied by t
    6·1 answer
  • To ascertain whether the inaccuracy of the variable cost estimate for a project will have much effect on the final outcome of th
    13·1 answer
  • 1
    6·1 answer
  • It is a real problem for us’, said Angnyeta Larson, ‘We now have only ten working days between all the expense claims coming fro
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!