An example of an item that is deducted from net income when preparing the operating activities section of the statement of cash using the indirect method is
a. depreciation expense.
b. compensation expense related to stock option plans.
c. income from an investment accounted for using the equity method.
d. unrealized losses on trading investments
C
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Under the Securities Act of 1933, which of the following statements most accurately reflects how securities registration affects an investor?
A. The investor is provided with information on the shareholders of the offering corporation. B. The investor is provided with information on the principal purposes for which the offering's proceeds will be used. C. The investor is guaranteed by the SEC that the facts contained in the registration statement are accurate. D. The investor is assured by the SEC against loss resulting from purchasing the security.
A typical university is a simple service organization that offers mainly educational services
Indicate whether the statement is true or false