Because of the overriding importance of cash flows to valuation, one basic tenet of finance is that
dividends increase the value of a company's common stock.
Indicate whether the statement is true or false
FALSE
Business
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Adjusting entries are required
A. because some costs expire with the passage of time and have not yet been journalized. B. when the company's profits are below the budget C. When expenses are recorded in the period in which they are incurred D. When revenues are recorded in the period in which they are earned
Business
Which of the following is typically the number one reason people tend to resist change?
A) Fear B) Enthusiasm C) Excitement D) Routine
Business