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what items are included in preparing a statement of cash flows?
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Asked 1/15/2013 7:45:38 PM
Updated 5/9/2014 11:01:37 AM
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User: The cost of an asset and its fair market value are __________. A. the same on the date of acquisition B. never the same C. the same when the asset is sold D. irrelevant when the asset is used by the business in its operations

User: Which one of the following items is not generally used in preparing a statement of cash flows? A. Additional information B. Comparative balance sheets C. Adjusted trial balance D. Current income statement

User: what items are included in preparing a statement of cash flows?

Weegy: Prepare means: to put in proper condition or readiness.
eturker|Points 2852|

User: is adjusted trial balance used in preparing a statement of cash flows?

User: Generally accepted" in the phrase generally accepted accounting principles means that the principles __________. A. have been approved for use by the managements of business firms B. have substantial authoritative support C. are proven theories of accounting D. have been approved by the Internal Revenue Service

Weegy: Generally accepted" in the phrase generally accepted accounting principles means that the principles have substantial authoritative support.




User: what is a static budget?

User: In what situations will a static budget be most effective in evaluating a manager's effectiveness? A. The company has substantial fixed costs. B. The company has no fixed costs. C. The planned activity levels match actual activity levels. D. The company has substantial variable costs.

User: Disney’s variable costs are 30% of sales. The company is contemplating an advertising campaign that will cost $22,000. If sales are expected to increase $40,000, by how much will the company's net income increase? A. $18,000 B. $6,000 C. $12,000 D. $28,000

Weegy: Disney???s variable costs are 30% of sales. The company is contemplating an advertising campaign that will cost $22,000. If sales are expected to increase $40,000, by how much will the company's net income increase? B. $6,000
selymi|Points 9906|

User: What is the net amount of property, plant, and equipment that will appear on the balance sheet? A. $1,300,000 B. $950,000 C. $1,600,000 D. $1,100,000

Weegy: A) $1,300,000 is the net amount of property, plant, [ [ and equipment that will appear on the balance sheet ] ]
Expert answered|nielnaC|Points 80|

Question
Asked 1/15/2013 7:45:38 PM
Updated 5/9/2014 11:01:37 AM
3 Answers/Comments
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Adjusted trial balance is NOT used in preparing a statement of cash flows.
Added 5/9/2014 10:54:29 AM
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A static budget is a budget that does not change as volume changes. Is the budget that is based on this projected level of output, prior to the start of the period.
Added 5/9/2014 11:01:37 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/9/2014 11:09:16 AM]
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