Answer:
Which non-cash expense is added back to the net profit in the indirect method of preparing a cash flow statement? DEPRECIATION
The indirect method of preparing a cash flow statement adds a non-cash expense, such as DEPRECIATION and or AMORTIZATION, to the net profit.
Explanation:
Cash flow statement is a statement of account or financial statement prepared by firms or organisations that shows how money comes or flow into a company. It also shows the amount of money that a company receives from sales of their goods and services.
Cash flow statement also shows us the money invested my the company in outside ventures which is used for generating revenues for the company.
There are two methods of preparing Cash flow statements
a. Indirect method.
b. Direct method
The indirect method of preparing a cash flow statement involves stating the net income of the firm and then adding back non cash expenses such as Depreciation, Amortization back to the net profit. After which the determination of the actual inflow or outflow of cash from firm in carried out.
Answer:
Staffing
Explanation:
STAFFING is the process of hiring a person or an individual that is qualified into an organization in order to fill into a particular job position by identifying the task requirements of the vacant position, assessing the candidate skills as well as the candidate knowledge and ability inorder to be sure if the candidate will fit in well into that particular position they are about to be employed for, which is why STAFFING is Paramount when selecting an employee for a particular job position because it help to employ candidate that are qualified into the organization or company.
Therefore based on the information given the management function Susan was performing is called STAFFING.
Answer:
In summary, that first business transaction involved the exchange of goods and/or services between buyers and sellers. Initially it probably took place in the context of kin altruism and later expanded to reciprocal altruism.
Explanation:
Answer:
1-Communication is important to express oneself.
2-Need for effective leadership.
3-Helps in proper planning.
4-Improve public Relationships.
5-Helps in providing the full information.
Explanation:
Good communication also improves relationships, and in your personal life with friends and family members. Listening carefully and offering quality feedback helps people to feel heard and understood. This, in turn, nurtures mutual respect. Communication is important to express oneself. It also satisfies one's needs. One should have effective communication for advancement in the career. In your personal life, effective communication skills can smooth your way and your relationships with others by helping you to understand others, and to be understood. Communication not only conveys information, but it encourages effort, modifies attitudes, and stimulates thinking
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<span>A
potential client, age 40, would like to purchase a whole life policy that will
accumulate cash value at a faster rate in the early years of the policy. Which
of these statements made by the producer would be correct? </span>20-pay life accumulates cash value
faster than straight life. A 20-pay life
policy means that the life of the insurance payment is paid for a total of 20
years. The payments to the policy can be
made monthly, quarterly, semi-annually or annually. In a 20-pay policy, cash accumulates faster
than a straight life policy due to the cash value that accumulates at a faster
rate.
