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NEW QUESTION: 1

A. Option A
B. Option B
C. Option D
D. Option C
Answer: B

NEW QUESTION: 2
A company with outstanding bonds of $100,000 retires the debt early by buying back the bonds at
$ 83,000. The impact on the cash flow statement, assuming the indirect method is used, would be:
A. a cash outflow of $83,000 under investing cash flows and a deduction of $17,000 under cash flows from investing.
B. a cash outflow of $83,000 under cash flows from financing and a deduction of $17,000 under cash flows from operations.
C. a cash inflow of $83,000 under cash flows from financing and a cash inflow of $17,000 under cash flows from operations.
Answer: B
Explanation:
Since a gain of $17,000 would be recognized on the income statement, it must be subtracted from cash flows from operations to zero out the effect. The entire cash outflow of $83,000 would be reported as a cash outflow from financing.

NEW QUESTION: 3
M3 growth refers to ........
A. Growth in money supply
B. Growth in GDP
C. Growth in demand for money
D. Growth in inflation
Answer: A

NEW QUESTION: 4
Sara, a security manager, has decided to force expiration of all company passwords by the close of business day. Which of the following BEST supports this reasoning?
A. Enforcement of password complexity requirements.
B. A recent security breach in which passwords were cracked.
C. Implementation of configuration management processes.
D. Implementation of account lockout procedures.
Answer: B

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