Perceptual skills can be enhanced
by
Select one:
a. Knowing and perceiving on
self accurately
b. Being empathetic
c. Both are incorrect
d. Both are correct
= Both are correct
Answer:
D
Explanation:
A and B both effect Perceptual skills so it would be D
Silver Springs Company has an unfunded retiree health care plan. Each of the company's four employees has been with the organization since its inception at the beginning of 2020. As of the end of 2021, the actuary estimates the total net cost of providing benefits to employees during their retirement years to have a present value of $196,000. Each of the employees will become fully eligible for benefits after 28 more years of service, but aren't expected to retire for 30 more years. The interest rate is 8%. Required: 1. What is the expected postretirement benefit obligation at the end of 2021? 2. What is the accumulated postretirement benefit obligation at the end of 2021?
Answer:
1. The expected post-retirement benefit obligation at the end of 2021 is $196,000, the present value of total net costs of providing health care benefits.
2. Calculation of the accumulated post-retirement benefit obligation at the end of 2021 is as below:
APBO = EPBO * Full eligibility period / Attribution period
APBO = $196,000 * 2 / (2+28)
APBO = $196,000 * 2/30
APBO = $13066.66666666667
APBO = $13,066.67
Thus, accumulated post-retirement benefit obligation at the end of 2021 is $13,066.67.
Which one is not a benefit to
employee which results through
positive attitude of an employee
Select one:
a. Job security
b. Promotion
c. Less stress
d. Enjoying life
= Promotion
Answer:
I think its B
Explanation:
A is the probability of not losing your job
C Needs a Postive Attitude
D also Needs a Positive Attitude
The one which does not benefit the employee as a result of positive attitude of an employee is Promotion. Thus, option (B) is correct.
What is Promotion?Promotion in the context of a career means raising a worker's position or rank within a hierarchical structure of the organization. The promotion given to those employees who excel in their performance.
Promotion is the one that does not benefit the employee as a result of the employee's positive attitude. Therefore, it can be concluded that option (B) is correct.
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If the velocity of money is 3 and the amount of narrow money is $1.56 billion, what would be the nominal GDP?
Select one:
a. $8.5 trillion
b. $4.68 billion
c. $4.68 trillion
d. $5.68 billion
= 4.68 billion
Answer:
c. $4.68 trillion
Explanation:
Narrow money refers to the physical money coins and notes within an economy. It is a way of measuring the money that is available for immediate spending in the economy.
The velocity of money is the rate at which money circulates in the economy. Therefore, the velocity of money is a measure of the number of times narrow money circulates in the economy per period.
If the velocity of money is 3, narrow money circulates three times, meaning the value of GDP will be the velocity of money multiplied by narrow money
=3 x 1.56 billion
=4.68 billion
Suppose your own demand curve for sweaters slopes downward. Suppose also that, for the last sweater you bought this week, you paid a price exactly equal to your willingness to pay. Then
Use letters in alphabetical order to select options
A your consumer surplus on the last sweater you bought is zero.
B you already have bought too many sweaters this week.
C your consumer surplus on all of the sweaters you have bought this week is zero.
D you should buy more sweaters before the end of the week.
Answer:
A
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
If willingness to pay = price of the good , then consumer surplus is zero
Sam Snead, the owner of Snead's Fine Golf Wear, used $1800 of his personal funds to go on vacation. Which of the following is the most appropriate treatment regarding this transaction? A. Travel expense 1,800 Cash 1,800 B. Withdrawals 1,800 Cash 1,800 C. Record a memorandum in the general journal D. Do not record the transaction in the general journal
Answer:
D. Do not record the transaction in the general journal
Explanation:
There is no need to record the transaction in the general journal since the money that was actually spend by Sam Snead happens to be his own personal fund rather than the company's fund (That is, the Golf Wear company). Funds belonging to the company are those that deserve to be recorded in the general journal.
Assess each of the "Post Marketing Concept Approaches" from the eText with regard to their suitability to individual competitive strategies. As an example, determine the marketing concept appropriate for cost leadership strategy and make the arguments in support of your perspectives.
Answer:
The marketing concept that is most suitable to Cost Leadership Strategy is the Production Concept.
The production concept of marketing places a strong emphasis on operations and how it can be constantly fine-tuned to deliver the required products as and when required at the quantity required and at the lowest cost possible. Minimal costs is crucial here because the market being played by the entrepreneur or the business is a growing one, most concerned about product availability and low prices than on quality.
So in order to come out on top as the leader with the lowest production cost, the business must invest in processes that help them do just that.
In this market, the quality is approximately standard across board. This means people worry less about quality and are focused on getting the same quality at the lowest price possible. In a perfect market, people who do large purchases will gravitate to the business with the lowest price even if the difference in the price of that of other producers are only a small margin.
Explanation:
The product concept marketing approach focuses on delivering the most exquisite product in the market. This an example of a company/companies in the mobile telecommunications market that do this are: Apple and Samsung.
In business, the trade-offs are usually between quality, cost and time.
It speaks to the fact that the higher the quality, the higher the cost. This Product concept as a marketing strategy rests on the premise that there are enough potential customer for the product and that existing ones are too loyal to shift their focus because of the added cost required for their products;
The selling concept: the premise for this concept derives from the assumption that the degree to which people purchase a product is directly proportional to the intensity of selling efforts. A company that adopts this concept will most likely have a very huge advertising budget and a large sales team/outlets.
The Marketing Concept: This concept takes root in the notion that for a business to succeed, it must outdo its rivals with regard to value delivery. Companies that adopt this approach seem to combine all the other concepts into one holistic marketing strategy because the focus is on gaining the most competitive advantage.
The Societal Marketing Concept:
As consumers grew more aware of the impacts of business activities on the environment and society, buying decisions started to be influenced by whether or not the company was being ethical. Ethical issues under consideration were:
a) does the production process of the company impact the environment negatively?
b) is the company involved in any social development project?
c) are there any illegal and or unethical issues on their supply chain? such as child labor, illegal acquisition of raw material, human trafficking etc.
Several global brands in the clothing business for instance, have recently been put in the spotlight for tolerating child slavery in one of the countries of origin for their raw material. This modern-day concept has become very important for most if not all multinational companies.
Cheers
Some students and scholars may owe money with their tax return. Nonresidents have which of the following payment options?
a. Ask for an extension of time to pay or an installment agreement.
b. Pay the entire balance by the due date for the return.
c. Put the balance on a credit card.
d. All of the above.
Answer:
d. All of the above.
Explanation:
In the case where certain students and academics owes their tax return money, the non-resident has the below payment options.
a. Either apply for a pay time extension or an agreement to pay on the basis of payments
b. Pay at the due date of the return the total sum
c. On the credit card, put the balance
Therefore by all of the above options they can be eligible
hence, the correct option is d.
Brazil can produce 1 unit of sugarcane with 1 unit of labor and 1 iPod with 8 units of labor, and China can produce 1 unit of sugarcane with 2 units of labor and 1 iPod with 4 units of labor. Which of the following is TRUE?
a. Before trade, China's opportunity cost of one unit of sugar cane is two iPods.
b. China has an absolute advantage in sugar cane production.
c. Both parties benefit if they specialize and trade at terms of one unit of sugar cane for two iPods.
d. With trade, Brazil should specialize in sugar cane and China in iPods.
Answer:
d. With trade, Brazil should specialize in sugar cane and China in iPods.
Explanation:
As from the given situation it can be seen that Brazil has an absolute advantage while producing the sugarcane as it takes one unit of labor for generating one unit of sugarcane
On the other hand, china has an absolute advantage for generating an ipod as it takes four unit of labor to generate one ipod
Therefore the option d is correct
A manager of a large retail firm is interested in knowing what the company's product costs are. Which of the following would be considered a product cost for the manager's company?
A) Direct materials.
B) Product design cost.
C) Office expenses.
D) Selling expenses.
E) Advertising expense.
Answer: Direct materials.
Explanation:
Product cost us referred to as a cost that used to incur production and used to make a particular product. The product cost. The product costs are made up of the direct labor, the direct materials, factory overhead and the production supplies.
Of the options given, the one that'll be considered a product cost for the manager's company will be Direct materials.
Is $1970.00 rental income debit or credit
Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is correct?
A B
Price $25 $40
Expected growth 7% 9%
Expected return 10% 12%
A) The two stocks should have the same expected dividend
B) The two stocks could not be in equilibrium with the numbers given in the question
C) A's expected dividend is $0.50
D) B's expected dividend is $0.75
E) A's expected dividend is $0.75 and B's expected dividend is $1.20
Answer: E) A's expected dividend is $0.75 and B's expected dividend is $1.20
Explanation:
Using the Gordon growth model, you can calculate the expected dividend. The formula is:
Price = Expected dividend/ (expected return - expected growth)
Stock A expected dividend
25 = D/ (10% - 7%)
D = 25 * 3%
= $0.75
Stock B expected divided
40 = D / (12% - 9%)
D = 40 * 3%
= $1.20
Option A, C and B are therefore wrong.
Option E is correct.
In the case of an expansionary_____policy, the interest rate rises, while in the case of an expansionary _____ policy, the interest rate falls.
Select one:
a. fiscal; monetary
b. monetary, monetary
c. monetary, fiscal
d. fiscal; fiscal
= fiscal; monetary
With an expansionary fiscal policy, the interest rate rises, while with an expansionary monetary policy, the interest rate falls.
What is an Expansionary fiscal & monetary policy?This is when an increases in money supply is stimulated by raising spending or cut taxes while the latter is when the cost of borrowing i reduced to stimulate an economy.
Therefore, the Option A is correct.
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Self-Study Problem 10-1 Master Budget
Hansell Company’s management wants to prepare budgets for one of its products, Duraflex, for July 2019. The firm sells the product for $91 per unit and has the following expected sales (in units) for these months in 2019:
April May June July August September
3,900 6,500 6,600 8,200 9,200 5,800
The production process requires 4 pounds of Dura-1000 and 2 pounds of Flexplas. The firm’s policy is to maintain an ending inventory each month equal to 10% of the following month’s budgeted sales, but in no case less than 500 units. All materials inventories are to be maintained at 5% of the production needs for the next month, but not to exceed 1,000 pounds. The firm expects all inventories at the end of June to be within the guidelines. The purchases department expects the materials to cost $1.25 per pound and $5.00 per pound for Dura-1000 and Flexplas, respectively.
The production process requires direct labor at two skill levels. The rate for labor at the K102 level is $50 per hour and $20 per hour for the K175 level. The K102 level can process one batch of duraflex per hour; each batch consists of 100 units. The manufacturing of Duraflex also requires one-tenth of an hour of K175 workers’ time for each unit manufactured.
Required:
On the basis of the preceding data and projections, prepare the following budgets:
a. Sales budget for July (in dollars).
b. Production budget for July (in units).
c. Production budget for August (in units).
d. Direct materials purchases budget for July (in pounds).
e. Direct materials purchases budget for July (in dollars).
f. Direct manufacturing labor budget for July (in dollars).
Answer:
a.-Sales Budget (in dollars).
Budgeted sales in units 6,000
Budgeted selling price per unit $40
Budgeted sales $240,000
b. Production Budget (in units)
Desired ending inventory (July 31)
(The higher of 100 and 7,000 x 0,1) 700
Budgeted sales for July 2002 + 6,000
Total units needed for July 2002 6700
Beginning inventory (July 1) -
(The higher of 100 and 6,000 x 0,1) 600
Units to manufacture in July 6100
C.-Production Budget (in units)
for August 2002
Desired ending inventory (8,000 x 0,1) 800
Budgeted sales + 7,000
Total units needed 7800
Beginning inventory - 700
Units to manufacture in August 7100
d.-Direct Materials Purchases Budget (in pounds)
For July 2002
Direct Materials
Dura-tOOO Flexplas
(4Ib. each) (2Ib. each)
d Materials required for budgeted
production (6,100 units of duraflex) 24,400 12,200
Add: Target inventories (lower of 1,000 or 5 percent of
August production needs) 1,420 710 1000 710
Total materials requirements 25,400 12,910
Less: Expected beginning inventories (lower of 1,000 orr 5 percent) . 1,220 610 1000 610
Direct materials to be purchased 24,400 12,300
e.Direct Materials Purchases Budget (in dollars) For July 2002
Budgeted Expected
Purchases Purchase
(Pounds) Price per Unit Total
Dura-lOOO 24,400 $1.25 $30,500
Flexplas 12,300 $5.00 $61,500
Budgeted purchases $92,000
Explanation:
The firm's policy is to maintain a minimum of 100 units of duraflex on hand at alltimes with no fewer than 10 percent of units on hand at the end of a period to meet
the expected sales for the following month. 100 10%
All materials inventories are to be maintained at 5 ercent of the production needs for the next month, 5% but not to exceed 1000 pounds 1000
The firm expects all inventories at the end of June to be within the Guidelines.
The purchase department expects the materials to cost $1.25 per pound $1.25 and $5.00 per pound of dura-lOOO and flexplas, respectively. $5.00
The production process requires direct labor at two skill levels. rate per unit The rate for labor at the K102 level is $50 per hour and $50.00 $0.50 for the K175 level is $20 per hour. $20.00
The K102 level can process one batch of duraflex per hour; 1 each batch consists of 100 units. 100 No. of units in one hour rate per unit
The manufacturing of duraflex also requires one-tenth of an hour of K175 workers' time 0.10 10.0 $2.00 for each unit manufactured.
Manufactured overhead is allocated at the rate of $200 per batch and $30 per $200.00 per batch DIirect labor-hour. $30.00 per direct labor-hour.
Suppose that the California legislature passes a law that severely restricts carbon dioxide emissions from automobiles in that
state. A group of automobile manufacturers files suit against the state of California to prevent the enforcement of the law. The
essentially the same as carbon dioxide emission standards. According to the automobile manufacturers, it is unfair to allow
ralifornia to impose more stringent regulation
automakers claim that a federal law already sets fuel economy standards nationwide and that fuel economy standards are
s than those set by the federal law. Using the information presented in the chapter,
answer the following questions. Are the plaintiffs seeking a legal remedy or an equitable remedy?
Answer:
The plaintiffs are seeking an equitable remedy.
Explanation:
Legal remedies basically involve monetary compensations, in other words, the non-breaching party (in this case case manufacturers) sue in order to receive money.
While equitable remedies do not involve monetary compensations, instead they seek other types of solutions.
what do Librarians need to do after they have jobs?
a. attend conferences where they train other librarians
b. volunteer in schools to advise students about how to use libraries
c. slowly share their knowledge with librarians in other locations
d. continually train to stay up to date on information technology developments
The action that a Librarians need to do after they have jobs is to continually train to stay up to date on information technology developments.
Who is a librarian?In a education sector, the "librarian" is an officer who is responsible for overseeing the daily operations of their library, either at the public or private level. They also work within a schools, religious institutions, in government libraries and research facilities.
Some of the typical roles and responsibilities of a librarian includes:
They provide a customer service for library usersThey provide suggestions to library users about new booksThey help the library users to check out booksThey oversee the team of assistant librarians and library aidsThey also help to develop fun and education programs for youths and adultsIn conclusion, the action that a Librarians need to do after they have jobs is to continually train to stay up to date on information technology developments. Therefore, the Option D is correct.
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Answer:
D.
Explanation:
Edge 2023
ReNew Corporation raises funds to build renewable energy systems by issuing 3-year bonds with a coupon rate of 5% and a face value of $1,800. Assume that the market interest rate for a 3-year bond issued by a firm like ReNew is currently the same as the coupon rate. The price of each of these bonds is , which means that the bonds sell at .
Answer:
$1,800
Explanation:
The price of the bond today is the present value of future cash flows, which are the coupon payments and the face value receivable by bondholders at redemption in 3 years.
When a bond has the same coupon rate as the yield, the bond would sell at par which is the $1,800 par value.
This is further affirmed using the formula below:
bond price=face value/(1+r)^n+annual coupon*(1-(1+r)^-n/r
face value=$1,800
r=yield=5%
n=number of annual coupons in 3 years=3
annual coupon=face value*coupon rate=$1800*5%=$90
bond price=$1800/(1+5%)^3+$90*(1-(1+5%)^-3/5%
bond price=$1800/1.05^3+$90*(1-(1.05)^-3/0.05
bond price=$1800/1.157625+$90*(1-0.863838)/0.05
bond price=$1800/1.157625+$90*0.136162/0.05
bond price=$ 1,554.91 +$ 245.09
bond price=$ 1,800.00
13.) An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 6% yields, what yield must municipals offer for the investor to prefer them to corporate bonds
Answer:
the yield that must offer for the investor in order to prefer them is 4.2%
Explanation:
The computation is shown below:
The after tax yield is
= Corporate bond yield × (1 - tax rate)
= 6% × (1 - 0.30)
= 6% × 0.70
= 4.2%
hence, the yield that must offer for the investor in order to prefer them is 4.2%
The same is relevant
Assume that Nevermore, Inc., a U.S.-based subsidiary wants to raise $US 1 million by issuing a bond denominated in Pakistani rupees (PKR). The current exchange rate of the rupee is $.02
How many PKR does the MNC need to obtain the $US 1 million needed?
Answer: 50,000,000 Pakistani rupees (PKR)
Explanation:
The company wants to raise enough money in Pakistani rupees to match a million American dollars.
The rate is a Rupee to $0.02.
A million dollars will be:
= 1,000,000/0.02
= 50,000,000 Pakistani rupees (PKR)
The Gorman Group issued $880,000 of 13% bonds on June 30, 2018, for $946,202. The bonds were dated on June 30 and mature on June 30, 2038 (20 years). The market yield for bonds of similar risk and maturity is 12%. Interest is paid semiannually on December 31 and June 30.
Required:
Record the company's journal entry.
Answer:
Missing word: "a. to record their issuance by The Gorman Group on June 30, 2018, b. interest on December 31, 2018 and c. interest on June 30, 2019 (at the effective rate)."
Par value of bonds = $880,000
Semi annual interest payment = 880,000 x 13% x 6/12 = $57,200
Effective interest rate = 12%, Semi annual Effective interest rate = 6%
Issue price of bonds = $946,202
Premium on bonds payable = Issue price of bonds - Par value of bonds = $946,202 - $880,000 = $66,202
a. Journal Entry on June 30, 2018
Date Account Debit Credit
6/30/2016 Cash 946,202
Bonds payable 880,000
Premium on Bonds payable 66,202
b. Journal Entry on on December 31, 2018
Date Account Debit Credit
12/31/2016 Interest expense 56,772
(946,202 x 6%)
Premium on bonds payable 428
(57,200 - 56,772)
Cash 57,200
c. Journal Entry on on June 30, 2019
Date Account Debit Credit
6/30/2019 Interest expense 56,746
(945,774 x 6%)
Premium on bonds payable 428
(57,200 - 56,746)
Cash 57,200
The subsidiary of a U.S. corporation located in Country Y generated income of $1,000,000 on which it paid $400,000 (40%) in taxes to Country Y. The subsidiary paid a dividend to the U.S. parent of $54,000. How much tax is currently owed to the U.S. government if the federal tax rate is 35%
Answer:
The tax currently owed to the U.S. government is:
$18,900
Explanation:
a) Data and Calculations:
Income generated by the foreign subsidiary = $1,000,000
Tax paid by the subsidiary in its country of residence = $400,000
Dividend paid to the U.S. parent = $54,000
Federal tax rate = 35%
Tax on the dividend = $18,900 ($54,000 * 35%)
b) The dividend of $54,000 is a foreign-source income earned by a U.S. parent corporation. This is this amount that will be subject to tax in the U.S. and not the net income of the subsidiary.
Case studies can _________ be cross-representational from company to company.
rarely
always
never
usually
Bettner, Inc., is a calendar year corporation whose financial statements for 2015 and 2016 included errors as follows:
Year Ending Inventory Depreciation Expense
2015 $ 12,000 overstated $ 22,300 overstated
2016 8,000 understated 6,000 understated
Assume that inventory purchases were recorded correctly and that no correcting entries were made at December 31, 2015, or December 31, 2016. The errors were discovered in 2017, after the 2016 financial statements were issued.
Required:
Ignoring income taxes, prepare the journal entry Bettner would make in 2017 to correct the errors.
Answer:
i. For the Understatement of Inventory - Rectification
Journal Entry Debit Credit
Inventory A/c $8,000
To Profit and loss adjustment a/c $8,000
ii. To Rectify overstatement of Depreciation Expense
Journal Entry Debit Credit
Profit and loss adjustment A/c $16,300
To Depreciation Expense $16,300
(22,300 - 6,000)
A new machine comes with 200 free service hours over the first year. Additional time costs $180 per hour. What are the average and marginal costs per hour for the following quantities?
a) 125.
b) 225.
c) 325.
Answer:
a) 0, 0
b) 180 per hour, 20per hour
c) 180 per hour , 69.2 per hour
Explanation:
We are to calculate the average and marginal costs per hour of the given value above
a) Given Number of hours is 125, but we are told that the new machine comes with 200 free service hours over the first year. Then MARGINAL COST= 0 because the service can be equal to 200hours and the given 125 hours is less than that.
then AVERAGE COST = ZERO
(b) we are Given 225 number of hours
Additional time costs is given as $180 per hour.
Then we have $180 per hour as MARGINAL COST.
Total cost can be calculated as
= [$180 × (225 - 200)]
=[ $180 ×25] = $4,500
Average cost can be calculated as
ratio of Total cost to Number of hours i.e $4,500/225
= 20per hour
C)we are Given 325 number of hours
Additional time costs is given as $180 per hour.
Then we have $180 per hour as MARGINAL COST.
Total cost can be calculated as
= [$180 × (235 - 200)]
=[ $180 ×125] = $22,500
Average cost can be calculated as
ratio of Total cost to Number of hours i.e $22,500/325
= 69.2per hour
Scientist of OB recognize that
organisations are not static but
dynamic and_________
Select one
a. Processing
b. Systematic
c. Researching
d. Ever changing
= Ever changing
Explanation:
the answer is = Ever changing
Marginal Cost of Producing Pies
$1,60
$1.40
$1.20
Marginal Cost
$1.00
$0.80
$0.60
SO 40
S020
S0.00
O Pies
1 Pies
5 Pies
6 Pies
2 Pies 3 Pies 4 Pies
Quantity Supplied
According to the graph, the marginal cost begins to increase when the producer makes
O two pies
O three pies
O four pies
O five pies
Save and Exit
Next
Mark this and return
Su
Answer:
O four pies
Explanation:
Marginal cost is the expenses associated with the production of an extra item. It the cost attached specifically to the production of one more unit.
From the graph, the marginal rise sharply from 0 units to 1 rapidly. Usually, the marginal cost of the 1st unit is equal to its cost price. The second item's marginal cost is the difference between the cost price of the second item and the first item.
From the graph, the marginal cost starts to rise after the fourth item. The marginal cost of the fourth item is the difference between the fourth and third item.
Answer: C) FOUR PIES
Which of the following occupations would least likely to be
subjected to seasonal employment?
Select one:
a.
Easter Bunny.
b.
McDonald clown.
C.
Department store Santa Claus.
d.
Lifeguard.
= McDonald clown.
Answer:
McDonald Clown
Explanation:
B.
=MCDONALD
QUESTION 10 of 10: Your business owns an old truck. Liability insurance is required; collision is optional. Collision insurance costs $500 per year. The old truck has a value of $750. You think the likelihood of having a serious collision in a year is about 10%. Should you get the collision insurance? O a) Yes Ob) No
the answer for this question is No
hope this helps
Answer:
no
Explanation:
I had this one.
Fill in the blanks with the category of the expanded accounting equation (assets; liabilities; owner, capital; owner, withdrawals; revenues; expenses).
Inventory
Retained Earnings
Dividends
Cost of Goods Sold
Utilities Payable
Service Revenue
Accounts Payable
Rent Expense
Answer and Explanation:
The classification is as follows;
Inventory = current assets
Retained Earnings = stockholder equity
Dividends = dividend
Cost of Goods Sold = expense
Utilities Payable = current liabilities
Service Revenue = revenue
Accounts Payable = current liabilities
Rent Expense = expense
In this way it could be classified and the same is relevant
Cash flows is the most relevant variable to measure the returns on debt instruments, while GAAP net income is the most relevant variable to measure the returns on common stock.
a) true
b) false
Answer:
b) false
Explanation:
Cash flow determines the cash position of the company whether the company is able to pay the obligations or not. It could be determined by analyzing the inflows of cash and outflows of cash
While on the other hand GAAP is the accounting principle that is compuslory for each and every organization to follow it
Therefore the given statement is false