Preventing other parties from denying actions they have taken is referred to as:

Rubin Installations Company uses the direct method to prepare its statement of cash flows

Rubin has reported cost of goods sold of $95,000 on its income statement for 2017. If the balance in the Merchandise Inventory account decreased by $6,000 during the year, then $6,000 needs to be added to $95,000 to calculate payments to suppliers for inventory purchases. Indicate whether the statement is true or false

Most competitors in the music download industry see Apple's iTunes Music Store as a ________ because it created a closed system with mass appeal

A) good competitor B) marginal competitor C) weak competitor D) bad competitor E) distant competitor