Upon Review of a Statement of Cash Flows, the Following

question 69

Multiple Choice

Upon review of a statement of cash flows, the following was noted: From this information, it is likely that the company is

• A)using cash from operations and selling long-term assets to pay back debt
• B)using cash from operations and borrowing to purchase long-term assets.
• C)using its profits to expand growth.
• D)using cash from investors to provide for operations.

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Definitions:

Little Education

Refers to a low level of formal schooling or instructional training received by an individual.

Need for Achievement

A psychological drive that compels an individual to pursue and attain goals.

Need for Power

A personality trait characterized by a desire to control or influence others, and a preference for being in leadership positions.

Need for Motivation

An internal force that propels individuals towards achieving their objectives, sustaining their effort in the face of obstacles.