When Preparing a Statement of Cash Flows, the Following Are

question 90

Short Answer

When preparing a statement of cash flows, the following are used for which method in determining cash flows from operating activities?

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Definitions:

Notwithstanding Clause

A provision in some constitutions, such as Canada's, that allows Parliament or provincial legislatures to override certain sections of the constitution for a temporary period.

Cruel or Unusual Punishment

Punishment that is considered unacceptable due to the suffering, pain, or humiliation it inflicts on the person being punished.

Cruel and Unusual Punishment

A type of punishment prohibited by the constitution that is deemed not fitting to the nature of the offense or that degrades human dignity.

Legal Right

A legal right is an entitlement derived from a legal system that allows or empowers a person to act in a certain way or requires others to act with respect to that person in certain situations.