A software company acquires a smaller company in order to acquire the patents that it holds. Where will the cost of this acquisition be recorded on the statement of cash flows?

A) as an outflow under operating activities
B) as an outflow under investment activities
C) as an outflow under financial activities
D) not recorded on the statement of cash flows

Answer: B

Business

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Which of the following statements accurately describes the office landscaping concept?

A. Landscaping eliminates the use of permanent walls, corridors, and private offices. B. Landscaping uses movable partitions. C. Furniture is arranged in clusters. D. All are true statements.

Business

To indicate that all VBScript variables must be explicitly declared, use _______

(a) Variables Explicit (b) Declaration Explicit (c) Option Explicit (d) No code is necessary; by default, VBScript variables must be explicitly declared.

Business