Which of the Following Accounts Will Not Be Considered When

question 43

Multiple Choice

Which of the following accounts will not be considered when computing cash flow from operations?

• A)Accounts receivable
• B)Inventories
• C)Equipment
• D)Accounts payable
• E)Taxes payable

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Definitions:

Export

The act of sending goods or services from one country to another country for sale or trade.

Comparative Advantage

The ability of a country or individual to produce a particular good or service at a lower opportunity cost than others.

Production Possibilities

The different mixes of products and services that a country can generate considering its accessible resources and current technology.

Total Output

The complete quantity of goods or services produced by a firm, industry, or economy within a specified period.