22) Where would the event purchased land for cash appear, if at all, on the indirect statement of cash flows?a. Operating activities section
b. Investing activities section
c. Financing activities section
d. Does not represent a cash flow

Answers

Answer 1
Answer: In the cash flow statement whether the direct or indirect method is used, it depends on the nature of business. If the company is into buying and selling (trading) of land, the cash purchase of land can form part of the Operating Activities. If it is otherwise, the cash purchase of land should be included in the Investing Activities section.  

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Symmetric information is the same as perfect information. a) holds under the assumption of rational expectations. b) is true only in efficient markets. c) means that savers and borrowers have the same information.

Why is it a good idea to compare prices before making a purchase?

Answers

Answer:

Comparing prices is a good idea because it increases the bargaining power of the consumer by knowing various prices of a product in the market the consumer is in a good position to negotiate or get a better quality for the product.

Comparing prices also means the buyer is better positioned to get the product on a low and make extra savings from the purchase for other purposes.

Explanation:

If you compare prices you may find that the item you would wish to buy is cheaper somewhere else, and comparing prices will help you save money!

The first public discussion of retirement security took place in

Answers

The first public discussion of retirement security was in 1935.

Bridget's Gift Store has four departments. These departments are grouped as flowers and gifts, cards and e-cards, Bridget's collectibles, and Photo albums and scrapbooks. Bridget's Gift Store most likely uses _____.

Answers

Answer:

The answer is productdepartmentalization

A maintenance department would be an example of aa. cost center.
b. direct expense.
c. profit center.
d. None of the above

Answers

A maintenance department is an example of a cost center. Cost center is a department in a certain organization in which a costs may be charge to accounting purposes. It is responsible for costs but they do not directly give profit to the company.

Tony's Carpets wants to charge $9.80 a yard for installing a carpet for Serenity Bookstore but accidentally states $8.90 a yard in the bid. Serenity Bookstore accepts Tony's bid. Tony's carpets made a ___ mistake.a. bilateral
b. unilateral
c. mutual
d. rescission
e. fraudulent

Answers

Answer:

The correct answer is (B)

Explanation:

The unilateral mistake can incorporate various parts of the agreement including explicit laws, facts, or term definitions. Going into a legitimate agreement necessitates that the two gatherings completely comprehend the terms and duties of the agreement. A case of a unilateral failure happens when one of the gatherings does not understand every aspect of the agreement. Unilateral failures will in general be more typical than bilateral when managing contracts.

Why do union contracts protect workers who have seniority?A. Older workers have more voting power in unions; they vote to protect themselves.
B. Unions tend to support older members because they pay more in union dues.
C. Businesses are more likely to fire older, higher-paid workers. Seniority rules protect older workers.
D. United States law forces unions to consider seniority in collective bargaining

Answers

c.  businesses are likely to fire older workers.  They are paid higher, due to working many years.  Its cheaper to higher new young people at a much lower pay to save money for the company.  Older people may not have went to college, but have learned the job by doing it for so many years.  Companys now want to have a college degree to work for them.  The union protects the older worker, so the company can not suddenly change the rules and force the worker out.  They have to offer to let the older worker go back to school to earn the degree required.

Businesses are more likely to fire older, higher-paid workers. Seniority rules protect older workers. Thus, option C is the correct option.

Union contracts often include provisions that protect workers who have seniority, primarily because older workers tend to be more vulnerable to certain employment risks. Businesses may be inclined to lay off or terminate older, higher-paid workers to reduce costs or make way for younger, less expensive hires.

Seniority rules provide job security for workers with longer tenure, giving them priority in retention and rehiring decisions. This helps safeguard older workers from potential discrimination based on age or higher wages. By including seniority-based protections in union contracts, unions can ensure fairness, protect the rights of their members, and mitigate potential age-related employment challenges.

Thus, option C is the correct option.

Learn more about Seniority rules here:

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