Which Statement Is Correct

question 34

Multiple Choice

Which statement is correct?

• A)Cash flows are grouped by operating,investing and financing activities.
• B)Cash inflows and outflows are netted against each other.
• C)Net interest received or paid can be offset in the cash flow statement.
• D)Income tax paid does not need to be presented separately.

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Definitions:

Surrogate Mothers

Women who carry and deliver a child for another person or couple, often through an arrangement called surrogacy.

Bond

A connection or link between individuals, often based on feelings of affection, loyalty, or mutual support.

Physiological Needs

Fundamental physical requirements for human survival, such as food, water, and shelter, which must be met before higher-level needs.

Maslow

Refers to Abraham Maslow, a psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority.