Choose the Word or Phrase in [ ] Which Will

question 5

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Smoking [will | will not] be a factor in determining life insurance premiums.

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Definitions:

Statement of Cash Flows Worksheet

A detailed working paper used in the preparation of the statement of cash flows that reconciles beginning and ending cash balances by analyzing changes in all other accounts.

Reconciling Columns

The process of ensuring two sets of figures or account balances agree or match, often used in accounting.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.

Financing Activities

Transactions and events where a company raises capital or repays investors, including issuing shares or borrowing money.