Secondary data have a lower level of ____ than primary data.
A. abstractness
B. elusiveness
C. verifiability
D. closeness to the phenomenon
E. replicability
Ans: D. closeness to the phenomenon
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Lopez Corp uses the indirect method to prepare its statement of cash flows
Refer to the following information for 2017: 1. Long-Term Notes Payable, beginning balance, $85,000 2. Long-Term Notes Payable, ending balance, $71,000 3. Common Stock, beginning balance, $3,100 4. Common Stock, ending balance, $27,000 5. Retained Earnings, beginning balance, $76,000 6. Retained Earnings, ending balance, $120,000 7. Treasury Stock, beginning balance, $5,200 8. Treasury Stock, ending balance, $10,100 9. No stock was retired. 10. No treasury stock was sold. 11. During 2016, the company repaid $37,000 of long-term notes payable. 12. During 2016, the company borrowed $51,000 on a new note payable. 13. Net income for the year was $54,000. 14. Assume all dividends declared during the year were paid. What is the net cash flow from financing activities? A) $19,000 B) $9,000 C) ($14,000 ) D) $23,000
This type of noise occurs when you don't understand the speaker's words or gestures
A) external B) semantic C) internal D) miscommunication