Which of the following is true of development?

A. It focuses only on helping employees improve performance of their current jobs.
B. The use of work experience is low in development.
C. Participation in development is voluntary.
D. It s not related to preparing employees for changes.
E. It is linked to fixed business goals.

Answer: C. Participation in development is voluntary.

Business

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Indicate whether the statement is true or false.

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Team Shirts, Inc recognized $4,690 of insurance expense for the year. At the beginning of the year, the balance in Prepaid insurance was $400. At the end of the year, the balance was $775

How is the accounting information for these items reported on the statement of cash flows using the INDIRECT method? What will be an ideal response?

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