________ are an accounting measure of performance during a specific period of time, while ________ is the actual inflow or outflow of money
A) Profits; cash flow
B) Cash flows; profit
C) Dividends; cash flow
D) Profits; a dividend
Answer: A
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Which of the following would be the best and most complete definition of the term "encumbrance":
A: The degree, quantity, nature, and extent of interest which a person has in real property; B: The use of property by a debtor to offer a creditor security for a debt; C: Any action taken relative to property, other than acquiring or transferring title; D: Anything which affects or limits the fee simple title to property.
Which of the following is a major advantage of adding more channels for selling?
A) It helps the company increase its market coverage. B) It helps the company reduce its fixed costs. C) It reduces the likelihood of channel conflict. D) It is the best strategy for selling low-involvement consumer products. E) It results in economies of scale.