Which of the Following Statements Are Correct

question 61

Multiple Choice

Which of the following statements are correct?
I. A company's choice of accounting principles for financial reporting purposes affects net cash flow for the accounting period.
II. A company's choice of accounting principles for financial reporting purposes does not affect operating cash flow.
III. If a company sells its receivables, this will increase operating cash flow.
IV. If a company sells its receivables, this will increase financing cash flow.

• A)I and III
• B)I, II, and III
• C)II and IV
• D)I and IV

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Definitions:

B₂B Market

Refers to the exchange of goods, services, or information between businesses, rather than between businesses and consumers.

Segmentation

The process of dividing a broad consumer or business market into sub-groups based on shared characteristics.

Technological Orientation

A focus or approach by a company that emphasizes innovation and the adoption of new technologies for improvement and competitive advantage.

International Markets

Marketplaces that extend beyond a country's borders, allowing businesses to trade goods and services across the globe.