Acc 201 CSULB midterm 1 with accurate answers 2024/2025 passed

Acc 201 CSULB midterm 1Determines whether the company complied with tax laws - correct answer Internal Revenue Service Determines whether the company can pay its obligations - correct answer Creditors Determines whether an advertising proposal will be cost-effective - correct answer Marketing managers Determines whether the company's net income will result in a stock price increase - correct answer Investors in common stock Determines whether company should employ debt or equity financing - correct answer Chief financial officer Which activity? Cash received from customers - correct answer Operating Which activity? Cash paid to stockholders (dividends) - correct answer Financing Which activity? Cash received from issuing new common stock - correct answer Financing Which activity? Cash paid to suppliers - correct answer operating Which activity? Cash paid to purchase a new office building - correct answer investing