Significant noncash activities are a part of the statement of cash flows.

a. true
b. false

Answer: a. true

Business

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________ are infrequently purchased consumer products with unique characteristics for which buyers are willing to make a special purchase effort

A) Shopping products B) Unsought products C) Specialty products D) Industrial products E) Line extensions

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An example of a variable cost is:

A) a payment to your raw materials supplier. B) a lease payment on a piece of equipment. C) a mortgage payment on buildings. D) a monthly licensing fee for a software package.

Business