The RR Corporation had cash flow from operations of $20 million. RR purchased $5 million in equipment and sold $3 million of equipment during the period. Cash flows from financing were $2 million. What is RR's free cash flow for the period (in millions)?

Which one is not The Fraud Triangle?

Called up capital can be more than:

A material loss should be presented separately as a component of income from continuing operations when it is:

In a period of inflation, inventory valuation with the LIFO methodology would be higher or lower than if the firm had adopted the FIFO methodology?

Reporting accounts receivable at net realizable value is a departure from the accounting principle of:

Which of the following factors is likely to be an area of difficulty in a large multinational group of companies?

GAAP generally uses one of two measurement principles. Which of the following IS one of these two principles?

Which one of the following is NOT one of the four basic income statement components?

Which side of a T-account is a debit recorded?

What is the normal balance of revenue accounts?