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3 years ago

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.

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The process of gathering information and deciding who should be hired, under legal guidelines, in the best interest of the organ

RoseWind [281]

Answer is process of selection.

The selection process is the process of identifying and shortlisting the best candidates with the necessary qualifications and the skill set to fill unfilled jobs in a company. The selection procedure varies by industry, firm, and even across divisions within the same organization.

Every firm builds its selection process with the urgency of employing individuals and the requirements for the job vacancy in mind. Preliminary interview, screening of applicants, employment tests, selection interview, validations and recommendations, medical exam, and ultimate decision are the stages required in the selection process.

Therefore, the answer is selection process.

To know more about selection process click here:

brainly.com/question/17174893

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6 0

2 years ago

The account that is brought up to date after the closing entries have been journalized and posted is the ____.

yanalaym [24]

Complete/Correct Question:

The account that is brought up to date after the closing entries have been journalized and posted is the ____.

A. Sales account

B. Purchases account

C. Capital Stock account

D. Retained Earnings account

Answer:

D, retained earnings account

Explanation:

Retained earnings can be defined as the accumulated income of a firm, that is retained by firm, after a certain period of time. After a certain time could be after the reporting period.

Simply put, retained earnings can be said to be the amount of income that a firm keeps after a period such as declaring financial reports.

The retained earnings is always reported and recorded in the stakeholder's equity and the company's balance sheets respectively. Retained earnings signify or represent how much of its profits a firm has reinvested itself.

Cheers.

5 0

3 years ago

Which ones the right answer? ignore where i selected

expeople1 [14]

Answer:B

Explanation:

6 0

3 years ago

Read 2 more answers

Each week you drive 150 miles your car gets 25 miles to the gallon and gas prices are three dollars per gallon how much money wi

Flura [38]

Total cost = $3 / gallon (150 miles / (25 miles/gallon)) = $18

6 0

3 years ago

ZipCar locates its cars on many college campuses. Due to the high concentration of Millennials on campuses, it is likely that Zi

Virty [35]

Answer:

(c). responsive and identifiable.

Explanation:

Zipcar targets campuses by locating its cars on many campuses, because they have higher concentration of Millennials and as such, this increases their customer service efficiency.

This suggests that the millennial segment can be readily identified and responds well to Zipcar's marketing strategy.

3 0

4 years ago