Use the Following Information for Questions 68 and 69

question 25

Multiple Choice

Use the following information for questions 68 and 69.
The balance in retained earnings at December 31, 2014 was $1,080,000 and at December 31, 2015 was $873,000. Net income for 2015 was $750,000. A stock dividend was declared and distributed which increased common stock $375,000 and paid-in capital $165,000. A cash dividend was declared and paid.
-The stock dividend should be reported on the statement of cash flows (indirect method) as

• A) an outflow from financing activities of $375,000.
• B) an outflow from financing activities of $540,000.
• C) an outflow from investing activities of $540,000.
• D) Stock dividends are not shown on a statement of cash flows.

Outline the aspects including risks and quality standards integral to project management.

Recognize the process and importance of defining project scope, schedule, and budget estimates.

Identify key project management skills and communication strategies.

Understand the initial steps and components involved in developing a risk management plan.

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Definitions:

Aging Report

A financial report that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding.

Balance Sheet

A balance sheet is a financial statement that portrays a company's financial position at a specific point in time, listing assets, liabilities, and shareholders' equity.

Net Realizable Value

The estimated selling price of goods or assets in the ordinary course of business minus any costs involved in the sale or disposal process.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit sales by comparing net credit sales with the average accounts receivable.