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nevinjoshy2001 nevinjoshy2001
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6 years ago
Managerial accounting:
 A) provides reports and analysis to external stakeholders to show them the current business state.
  B) is the branch of accounting that adheres most strictly to the generally accepted accounting principles.
  C) provides managers information about a firm's financial situation on a predetermined schedule.
  D) provides reports and analysis to managers to help them make informed business decisions.


Question 2 - If Avon and Merck joined together to produce a cream that slows down the aging process, this would be called a(n)
 A) cooperative.
  B) joint venture.
  C) combined corporation.
  D) S-corporation.
  E) partnership.


Question 3 - Intel decides to issue new stock in order to build a new facility and expand its operations. The receipt of cash from this stock issue would appear in the ____ section of the statement of cash flows.
 A) operating
  B) business
  C) equity
  D) investing
  E) financing
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rmk280rmk280
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6 years ago
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6 years ago
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