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The ability to figure cash transactions is a fundamental skill needed at home and on the job. True False
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Updated 4 hours 43 minutes ago|5/4/2016 9:54:09 PM
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The ability to figure cash transactions is a fundamental skill needed at home and on the job. True
Added 4 hours 43 minutes ago|5/4/2016 9:54:09 PM
The speed and ease by which an asset can be converted into cash is referred to as its (Points : 1) risk. liquidity. diversity. safety.
Weegy: The speed and ease by which an asset can be converted into cash is referred to as its liquidity. (More)
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Expert Answered
Updated 11 hours 58 minutes ago|5/4/2016 2:39:04 PM
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A corporation A. can continue indefinitely. B. is owned by stockholders. C. has limited risk to stockholders. D. All of the above
Weegy: All of the above. A corporation can continue indefinitely, is owned by stockholders, and has limited risk to stockholders. User: Bob purchased a new computer for the company on account. The transaction will A. increase Computer and increase Capital. B. decrease Cash and increase Accounts Payable. C. decrease Cash and increase Computer. D. increase Computer and increase Accounts Payable. (More)
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Updated 17 hours 29 minutes ago|5/4/2016 9:07:51 AM
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Bob purchased a new computer for the company on account. The transaction will: increase Computer and increase Accounts Payable.
Added 17 hours 29 minutes ago|5/4/2016 9:07:51 AM
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A liability would be credited and an expense would be debited if the business A. paid a creditor. B. incurred an expense and didn’t pay the expense immediately. C. bought supplies on account. D. bought supplies for cash.
Weegy: A liability would be credited and an expense debited if the business incurred an expense and did not pay the expense immediately. (More)
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Updated 17 hours 33 minutes ago|5/4/2016 9:03:52 AM
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A category that is not in the chart of accounts is A. assets. B. liabilities. C. cash flows. D. revenue.
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Updated 17 hours 34 minutes ago|5/4/2016 9:02:51 AM
1 Answer/Comment
A category that is not in the chart of accounts is cash flows.
Added 17 hours 34 minutes ago|5/4/2016 9:02:51 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by debnjerry [5/4/2016 9:10:56 AM]
Which statement is prepared for only one date? A. Income statement B. Statement of cash flows C. Balance sheet D. Statement of owner’s equity
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Updated 17 hours 41 minutes ago|5/4/2016 8:55:59 AM
1 Answer/Comment
Balance sheets is prepared for only one date.
Added 17 hours 41 minutes ago|5/4/2016 8:55:59 AM
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Which financial statement is considered a link between the income statement and balance sheet? A. Statement of cash flows B. Statement of company assets C. Statement of company liquidity D. Statement of owner’s equity
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Updated 17 hours 47 minutes ago|5/4/2016 8:50:04 AM
1 Answer/Comment
Statement of owner's equity is considered a link between the income statement and the balance sheet.
Added 17 hours 47 minutes ago|5/4/2016 8:50:04 AM
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The financial statement that shows revenue and expenses for a period of time is the A. balance sheet. B. income statement. C. statement of owner’s equity. D. statement of cash flows.
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Updated 18 hours 7 minutes ago|5/4/2016 8:30:02 AM
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The financial statement that shows revenue and expenses for a period of time is the income statement.

Added 18 hours 7 minutes ago|5/4/2016 8:30:02 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by debnjerry [5/4/2016 8:45:15 AM]
If you want your investment or savings account to be easily turned into cash without losing its value, you should consider the _____. rate of return risk yield liquidity
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Updated 22 hours 50 minutes ago|5/4/2016 3:46:57 AM
1 Answer/Comment
If you want your investment or savings account to be easily turned into cash without losing its value, you should consider the: liquidity.
Added 22 hours 50 minutes ago|5/4/2016 3:46:57 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [5/4/2016 3:47:38 AM]
Which of the following accounts does cash-basis accounting ignore? Select one: a. Revenue b. Cash c. Expenses d. Payables
Weegy: C. Expenses (More)
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Updated 1 day ago|5/3/2016 6:57:52 PM
1 Answer/Comment
Cash-basis accounting ignores payables.
Added 1 day ago|5/3/2016 6:57:50 PM
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The _____ indicates whether a firm earned a profit or suffered a loss over the past accounting period. Answer A)balance sheet B)income statement C)statement of cash flows D)cash budget
Weegy: The Income statement indicates whether a firm earned a profit or suffered a loss over the past accounting period. (More)
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Expert Answered
Updated 1 day ago|5/3/2016 6:56:10 PM
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Cash flow activities that include the cash effects of transactions that create revenues and expenses and thus enter into the determination of net income are referred
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Updated 1 day ago|5/3/2016 9:42:37 AM
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Cash flow activities that include the cash effects of transactions that create revenues and expenses and thus enter into the determination of net income are referred as Operating activities.
Added 1 day ago|5/3/2016 9:42:37 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [5/3/2016 9:52:52 AM]
If you want your investment or savings account to be easily turned into cash without losing its value, you should consider the _____. rate of return risk yield liquidity
Question|Asked by mssmith84
Not Answered
Updated 2 days ago|5/2/2016 9:05:11 PM
1 Answer/Comment
If you want your investment or savings account to be easily turned into cash without losing its value, you should consider the liquidity.
Added 2 days ago|5/2/2016 9:05:11 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by Andrew. [5/3/2016 5:03:20 PM]
The opportunity cost of capital refers to the - Options net present value of the investment. Return that is foregone by investing in a project. Required investment in a project. Future value of the investments cash flows.
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Updated 2 days ago|5/2/2016 6:37:57 PM
1 Answer/Comment
The opportunity cost of capital refers to the: return that is foregone by investing in a project.
Added 2 days ago|5/2/2016 6:37:57 PM
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A cost, which does not involve cash outlay, is called: (a) Historical cost (b) Imputed cost and (c) Out of pocket cost
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Updated 2 days ago|5/2/2016 10:37:47 AM
1 Answer/Comment
A cost, which does not involve cash outlay, is called: Imputed cost.
Added 2 days ago|5/2/2016 10:37:47 AM
This answer has been added to the Weegy Knowledgebase
The main purpose of cost accounting is to- Options Maximize profits, Provide information to management for decision making help in fixing selling price To watch cash flows
Question
Not Answered
Updated 2 days ago|5/2/2016 10:23:51 AM
1 Answer/Comment
The main purpose of cost accounting is to provide information to management for decision making.
Added 2 days ago|5/2/2016 10:23:51 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [5/2/2016 10:30:12 AM]
The importance of financial managers to firms with large cash inflows is greater than for firms with smaller cash flows. (Points : 2) True False
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Updated 2 days ago|5/2/2016 7:37:27 AM
1 Answer/Comment
The importance of financial managers to firms with large cash inflows is greater than for firms with smaller cash flows. FALSE.
Added 2 days ago|5/2/2016 7:37:27 AM
This answer has been added to the Weegy Knowledgebase
As part of the Agricultural Adjustment Act, farmers were paid subsidies A. to produce more cash crops that could be sold to other nations. B. to raise only livestock that was in demand. C. to plant crops that would help reverse the effects of the drought. D. not to plant part of their land and to kill off excess livestock.
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Updated 2 days ago|5/2/2016 7:08:27 AM
1 Answer/Comment
As part of the Agricultural Adjustment Act, farmers were paid subsidies to produce more cash crops that could be sold to other nations.
Added 2 days ago|5/2/2016 7:08:27 AM
This answer has been added to the Weegy Knowledgebase
Whole life insurance does not have a cash value for the insured. True False
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Updated 2 days ago|5/2/2016 6:15:49 AM
1 Answer/Comment
Whole life insurance does not have a cash value for the insured. FALSE.
Added 2 days ago|5/2/2016 6:15:49 AM
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Which of the following are considered to be personal financial statements? A. Budget and credit card statements B. Balance sheet and cash flow statement C. Checkbook and budget D. Tax returns
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Updated 2 days ago|5/2/2016 6:08:53 AM
1 Answer/Comment
Balance sheet and cash flow statement are considered to be personal financial statements.
Added 2 days ago|5/2/2016 6:08:53 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [5/2/2016 8:06:18 AM]
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