For Each of the Following Items, Indicate (By Placing an X)

question 98

Essay

For each of the following items, indicate (by placing an X) whether the item would be found on the statement of cash flows in column 1, the direct approach for determining the cash flows from operating activities, column 2, the indirect approach for determining the cash flows from operating activities, column 3, cash flows from investing activities, column 4, cash flows from financing activities. If you identify that an item affects the cash flows from operation, indirect method, also indicate whether it will be increasing (+) or decreasing (-) the cash flows.
- $$\begin{array} { | l | c | c | c | c | } \hline & \begin{array} { c } \text { Col 1 } \\\text { Operating } \\\text { Direct }\end{array} & \begin{array} { c } \text { Col 2 } \\\text { Operating } \\\text { Indirect }\end{array} & \begin{array} { c } \text { Col 3 } \\\text { Investing }\end{array} & \begin{array} { c } \text { Col 4 } \\\text { Financing }\end{array} \\\hline \text { Cash paid for rent } & & & & \\\hline\end{array}$$

---

Definitions:

Fairness

The impartial and just treatment or behavior without favoritism or discrimination.

High Power Distance

A cultural dimension that indicates a society's acceptance of inequality and hierarchical differences among its members.

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Low Power Distance

A societal or organizational culture characteristic where individuals prefer relatively equal power distribution and value consultative relationships.