Which of the Following Is an Example of an Industrial

question 108

Multiple Choice

Which of the following is an example of an industrial design?

• A) UPS
• B) Kleenex tissue
• C) Coco-cola bottle
• D) Nike

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Definitions:

Indirect Method

A way of preparing a cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash flow from operating activities.

Operating Activities

Transactions and events related to the primary operations of a business, such as revenue from sales and expenses from operations.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Direct Method

A method of computing the net cash provided by operating activities in which the income statement is reconstructed on a cash basis from top to bottom.