The Following Information Should Be Used According to the Provisions

question 15

Multiple Choice

The following information should be used according to the provisions of GAAP (Statement of Cash flows) and using the following data.
$\begin{array}{lr}\text { Net income } & \$ 80,000 \\\text { Amortization of goodwill } & 2,000 \\\text { Decrease in accounts receivable } & 2,000 \\\text { Increase in inventory } & 3,000 \\\text { Purchase of marketable securities } & 13,000 \\\text { Sale of land for } \$ 10,000 \text { gain } & 11,000 \\\text { Depreciation expense } & 4,000 \\\text { Repayment of debt } & 8,000 \\\text { Payment of dividend } & 3,000 \\\text { Interest payment } & 2,000\end{array}$


-What is net cash flow from financing?

• A)($5,000)
• B)($10,000)
• C)($11,000)
• D)($13,000)

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Definitions:

General Cognitive Ability

Describes the overall mental capability involving reasoning, problem-solving, learning, and understanding complex ideas.

Organization Citizenship Behaviour

Voluntary and discretionary behaviors exhibited by employees that are not directly or explicitly recognized by the formal reward system but that contribute to organizational effectiveness.

Career Success

Achieving personal satisfaction and accomplishments in one’s professional life, often characterized by promotions, achievements, and recognition.

Quality Of Performance

A measure of how well tasks or activities are executed, often evaluated against predefined standards or expectations.