Advance Systems Inc

question 25

Multiple Choice

Advance Systems Inc.reported the following information for 2011 and 2012: If Advance Systems uses the indirect method to prepare the operating activities section of the statement of cash flows,what amount will be reported as net cash flows from operating activities for 2012?

• A)$72,000
• B)$78,000
• C)$94,000
• D)$98,000

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Definitions:

Vagina

The muscular tube leading from the external genitals to the cervix of the uterus in females, involved in intercourse and childbirth.

Labia Minora

The smaller, inner folds of skin surrounding the vaginal opening, playing a role in protecting the vaginal and urethral openings.

Labia Majora

The larger outer folds of skin that enclose and protect the other external reproductive organs in females.

Cervical Canal

The narrow passage forming the lower part of the uterus, connecting the uterine cavity with the vagina.