A ____ is used to allocate money into an organization's budget.
a. budgetary estimate
b. definitive estimate
c. rough order of magnitude estimate
d. final estimate
Answer: a. budgetary estimate
Business
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With reference to the reporting of net cash flow from operating activities, which method do most companies use and why?
A. Indirect method because it is less expensive to prepare B. Direct method because it is based on the accrual basis of accounting C. Direct method because it requires a supplemental indirect method section D. Indirect method because it provides better information for decision making
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In many cultures, myths feature talking animals that act as mediating figures
Indicate whether the statement is true or false
Business