A firm's statement of cash flows uses the balance sheet and the income statement to determine the amount of cash a firm has generated and how it has used that cash during a given period

Costs that are directly attributable to the production of a product or delivery of a service are referred to as ________

A) fixed costs B) variable costs C) target costs D) total costs E) unit costs

Which of the following would constitute the creation of an express warranty for goods?

A) description of the goods B) commendation of the goods C) prior experience with the goods D) affirmation of the value of the goods