Which of the Following Statements Is CORRECT

question 90

Multiple Choice

Which of the following statements is CORRECT?

• A) The statement of cash flows reflects cash flows from operations,but it does not reflect the effects of buying or selling fixed assets.
• B) The statement of cash flows shows where the firm's cash is located;indeed,it provides a listing of all banks and brokerage houses where cash is on deposit.
• C) The statement of cash flows reflects cash flows from continuing operations,but it does not reflect the effects of changes in working capital.
• D) The statement of cash flows reflects cash flows from operations and from borrowings,but it does not reflect cash obtained by selling new common stock.
• E) The statement of cash flows shows how much the firm's cash--the total of currency,bank deposits,and short-term liquid securities (or cash equivalents)--increased or decreased during a given year.

---

Definitions:

AIDS Virus

Incorrectly specified key term, the correct term is Human Immunodeficiency Virus (HIV) which causes Acquired Immunodeficiency Syndrome (AIDS).

Anal Intercourse

A form of sexual activity involving stimulation of the anal region.

Infected With AIDS

Referring to having acquired the Human Immunodeficiency Virus (HIV), which severely damages the immune system and can lead to Acquired Immune Deficiency Syndrome (AIDS).

Sexual Activity

Engaging in any action that is intended to arouse or satisfy sexual desires, including intercourse and other forms of sexual conduct.