Standardizing purchases is the approach most likely to be used for leverage purchases. Thus, the correct answer option is (d) ''standardizing purchases''.

Leverage purchases refer to the purchase of those assets for which people use a significant amount of borrowed money with the hopes of growing their money in the future. For example, if an individual takes out a loan to invest in their business, the investment the individual pour into theri business helps them to earn more money than if he would not pursue their venture at all. For leverage purchases, standardized purchases are the most useful approach. The standardized purchases approach defines a set of consistent rules for leverage purchases.

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3 0

1 year ago

The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classif

____ [38]

Answer: Your question is incomplete, as you omitted the transactions which i will add for you in the Explanation Section.

Explanation:

The transactions are as follows with the corresponding activities

(a) Issuance of common stock. ------Financing Activity

(b) Purchase of land and building----- Investing Activity

(d) Sale of equipment. ------Investing Activity

(e) Depreciation of machinery----Operating Activity-Add to Net Income

(f) Amortization of patent.-----Operating Activity-Add to Net Income

(g) Issuance of bonds for plant assets.----Reported as Significant Non-cash Activity

(h) Payment of cash dividends. -------Financing Activity

(i) Exchange of furniture for office equipment. -------Reported as Significant Non-cash Activity

(j) Purchase of treasury stock. ------Financing Activity

(k) Loss on sale of equipment. -------Operating Activity-Add to Net Income

(l) Increase in accounts receivable during the year.------Operating Activity-Deduct from Net Income

(m) Decrease in accounts payable during the year.------Operating Activity-Deduct from Net Income

6 0

3 years ago

Sometimes it is necessary to _____ after installing a new software program and before using it the first time.

MariettaO [177]

It would be run a system diagnostic or restart. depending on the program

4 0

3 years ago

It is permissible for information to flow in a backtracking or a crisscrossing pattern through an office as long as the employee

Shtirlitz [24]

Answer:

The statement is false

Explanation:

The statement is false as, it is not allowed or permissible for information to flow in criss- cross or back tracking pattern in the office as long as the employees did not complain. The information is very crucial for every business, and the person or individual or employee should disclose the information in any manner un till it is permissible by the higher authorities or necessary to shared among them.

8 0

3 years ago

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