When the Insert Hyperlink Dialog Box Is Open, You Can

question 50

Multiple Choice

When the Insert Hyperlink dialog box is open, you can click the ____ button to find a Web page and insert its URL.

• A)Browse the Web
• B)Search the Web
• C)Connect to the Internet
• D)Find Online

Understand the components and structure of a balance sheet within a corporate annual report.

Identify the classifications and differences in paid-in capital on the balance sheet.

Calculate and recognize the financial transactions involving treasury stock including purchases, sales, and their impact on paid-in capital.

Distinguish between market value and other value measures (par, stated) as reported for different classes of stock on the balance sheet.

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Definitions:

Lockbox Plan

A cash management tool in which incoming cheques for a firm are sent to post office boxes rather than to corporate headquarters. A local bank will collect the contents of the lockbox and deposit the cheques into the company’s local account.

Net Positive Float

The excess of funds available for use due to the time difference between when a check is deposited and when it clears.

JIT System

Just-In-Time System, an inventory management strategy that aligns raw-material orders directly with production schedules.

Accounts Payable

The amounts a company owes to its suppliers or vendors for goods or services received but not yet paid for; a liability on the balance sheet.