The WIIFM principle refers to the fact that most people are motivated by self-interest

The ADA requires employers to have job descriptions in order to document the essential functions of each position

Indicate whether this statement is true or false.

A company sold equipment with a book value of $10,000 at a gain of $2,500. How much can be reported in the investing activities section of the statement of cash flows as cash received upon the sale of the equipment?

A) The cash received upon the sale of the equipment is $7,500. B) The cash received upon the sale of the equipment is $2,500. C) The cash received upon the sale of the equipment is $12,500. D) The cash received upon the sale of the equipment is $10,000.