Significant Noncash Transactions Would Not Include

question 58

Multiple Choice

Significant noncash transactions would not include

• A)conversion of preferred shares into common shares.
• B)asset acquisition through issue of a note payable.
• C)loans to other companies.
• D)exchange of equipment.

---

Definitions:

360-degree Feedback

A performance appraisal method where an employee is assessed by feedback collected from their supervisor, peers, subordinates, and sometimes clients.

Performance Objectives

Specific, measurable goals set for individuals or teams to achieve within a specific timeframe to evaluate their performance.

Quantity

The property that can exist as a magnitude or multitude, often measured and used for describing the amount of something.

Timeliness

The characteristic of being done at the right or appropriate time, often essential for efficiency and effectiveness.