Examlex

Solved

Everything in Cash Flow in a Small Business Is Related

question 53

True/False

Everything in cash flow in a small business is related to one activity: operations.


Definitions:

Manufacturer

Business that makes a product and sells it to its customers.

Accounting Organization

An entity or structured group that sets accounting standards, rules, and provides guidance for accounting practices and procedures.

Corporation

A legal entity distinct from its owners, possessing rights to own property, incur debts, sue and be sued.

Partnership

A legitimate business structure involving two or more people who jointly manage and benefit from the profits.

Related Questions