Case-Based Critical Thinking Questions

question 14

Multiple Choice

Case-Based Critical Thinking Questions
Case MYF 2
Polly is volunteering for a local theater company.She has signed up for help with marketing materials,including ticket design,posters,and letterhead.Her first assignment is to create a poster for the group's performance of The Nutcracker.One requirement is that the poster must include a photograph of the New York City skyline,since the performance will take place in New York City.
-Polly transferred the theater company's logo,named T-Group.eps,to her flash drive but deleted it by mistake.How can she retrieve this file from her flash drive?

• A) She can insert her flash drive back into the computer from which she copied the file,then restore it from the Recycle Bin.
• B) She can open the trash can icon on the flash drive and drag it back to her folder.
• C) She cannot retrieve the file once it has been deleted from the flash drive.
• D) She can optimize the flash drive,then click Restore from the File menu.

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Definitions:

Cash Dividend

A cash dividend is a payment made by a company out of its earnings to shareholders, usually in the form of cash.

Financial Statements

Reports that show the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing ownership interest.

Total Liabilities

The sum of all financial obligations a company owes to outside parties, including loans, accounts payable, and mortgages.