Business

QUESTION 31 Lucky accountants, the International Accounting Standards are identical to the us. Generally Accepted Accounting Principles (GAAP) for U.S. True False 4 points QUESTION 32 Which of the following (choose ALL that apply are typical responsibilities of a FINANCIAL MANAGER? collecting payments from accounts receivables staying informed about changes in the company's markets making sure the company's bills are paid working with the company's accountants to make sure financial reports are accurate 2 points QUESTION 33 "Overcapitalization" is one of the common reasons why businesses fail. True False QUESTION 34 2 points One major advantage of EQUITY financing is that dividends paid out to investors are tax deductible. True False QUESTION 35 2 points Due to the unique nature of their operations, non-profit organizations do not market themselves. True False