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NEW QUESTION: 1
The reason that the translation of foreign subsidiaries will generate discrepancies between the changes in accounts reported on the balance sheet and those reported in the cash flow statement is
A. the change in the exchange rate does not appear on the balance sheet but will appear as a component of cash collections it is not a change resulting from operations.
B. the change in the exchange rate does not appear on the balance sheet but will appear as a component of cash from financing activities.
C. the change in the exchange rate appears as part of the balance of accounts receivable on the balance sheet but will not appear as a component of cash collections because it is not a change resulting from operations.
D. the change in the exchange rate appears as part of the stockholders' equity on the balance sheet but will not appear as a component of cash collections because it is not a change resulting from operations.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Thus, cash flow from operations does not include the effects of the translation process.

NEW QUESTION: 2
Which of the following is a requirement regarding kidnapping insurance?
A. A kidnapping demand must occur during the policy period.
B. All of the above.
C. No disclosure of insurance is made outside corporate headquarters.
D. Kidnap ransom is specifically made against the named insured.
E. None of the above.
Answer: D

NEW QUESTION: 3
Your company has an Office 365 subscription for midsize businesses and enterprises. You are an Office 365 global administrator. Which of the following must also be true?
A. You are a Microsoft SharePoint Online tenant administrator.
B. You are a Microsoft SharePoint Online farm administrator.
C. You are a site collection administrator for all the company's SharePoint sites.
D. You are a Microsoft SharePoint Online central administrator.
Answer: C


Introduction-to-IT FAQ

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