True of false 64.Deflation is the increase in revenues over time. 50.in the balance sheet inventory includes the tools and equipment used for producing the firm products or services 51.financial managers allocate fund and identify the appropriate dividend policy. ( ) 52.A balance sheet is one of the financial statements. 65.Smooth production scheduling allows current assets to increase or decrease with the level of production 66. Inflation and deflation affecting the cost of capital 67. The cash flow statement indicates the items could be converted into cash within the financial year 68.Accounting provides the management of the portfolio for the concerned organization 69.Double taxation is one of the disadvantages of partnership organizations 70. Inflation reflects the decrease in the purchasing power of a unit of money 71. The balance sheet states the market values of the assets at reporting time 72. Financial ratios used to compare the current period performance of the firm against previous periods 73. Financial ratios used to analyze the numerical calculations 74. Taking a moderate inventory position have a major impact on reported income 75. Differences between foretasted and actual sales are positively affecting the assets management 53.Accounting concern cash flow and balance sheet. 54. Distributing organization profit is one of the main partnership organizational agreement items. 55. Financial decision making requires a detailed analysis of the risk return relationship. 56. The primary market used to raise fund by direct selling of securities. 57.cash flow could be determined from operating activities through increasing investments. 1. a chance for funding is restricted for A. Sole proprietorship B. corporate C. -governance. Corporations D. limited partnership. 58.Just-in-time inventory system required trusted and dependable suppliers. ) 59.shareholders own the corporate governance. ( ) 60.Asset performance could be measured only as an asset utilization ratio. 61. The income statement indicates the profit or loss. 62.Raw materials are affected by production and sales. 63.Financial managers targeting maximization of stockholders. Activate Win