Which of the Following Is a Normative Statement

question 35

Multiple Choice

Which of the following is a normative statement?

• A)The temperature is high today.
• B)The humidity is high today.
• C)It is too hot to play tennis today.
• D)It will cool off later this evening.

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Definitions:

Investing Activity

Transactions involving the purchase or sale of long-term assets and other investments, part of a company's cash flow statement.

Statement Of Cash Flows

A financial statement that shows the cash inflows and outflows for a company over a period of time.

Noncurrent Assets

Long-term assets that are not expected to be converted into cash within one year, such as property, plant, and equipment.

Treasury Stock

Represents shares that were once part of the outstanding shares but were bought back by the company. These shares don't have voting rights or dividend rights.