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.

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Definitions:

Phalen Test

A diagnostic test performed by flexing the wrist gently as far as possible, then holding this position to test for numbness or tingling in the fingers, used in diagnosing carpal tunnel syndrome.

Carpal Tunnel Syndrome

A condition characterized by numbness, tingling, and weakness in the hand and arm, caused by pressure on the median nerve in the wrist.

Dorsiflex

The action of pulling the toes or foot upwards towards the shin, decreasing the angle between the dorsum of the foot and the leg.

Plantarflex

The downward movement of the foot at the ankle, away from the leg, which helps in walking, running, or pushing an object like a pedal.