The managerial report that shows planned cash inflows and outflows for major investments or acquisitions is the
A) journal voucher list.
B) statement of cash flows.
C) operating budget.
D) capital expenditures budget.
Answer: D) capital expenditures budget.
Business
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Many U.S. firms prefer to sell in Canada, England, and Australia—rather than in larger markets such as Germany and France—because they feel more comfortable with the languages, laws, and culture, which reflect the ________ between these countries
and the United States. A) self-serving bias B) coincident development C) psychic proximity D) cognitive dissonance E) backward invention
Business
Comprehensive financial information about a company is found in its
A) corporate by-laws. B) 10-K Report. C) articles of incorporation. D) presidential address.
Business