Presented Below Is the Operating Activities Section of a Statement

question 109

Multiple Choice

Presented below is the operating activities section of a statement of cash flows for the current year: Which method of preparing the operating activities section was used?

• A)The direct method.
• B)The indirect method.
• C)Either method.
• D)Cannot be determined without further information.

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Definitions:

Employed Category

Classification of individuals within the labor force who currently have jobs or are working.

Unemployed Category

A classification for individuals who are not currently employed but are actively seeking work and available to start work.

Unemployed Category

The classification of individuals in the labor force who are without a job but actively seeking employment.

Bureau of Labor Statistics

A US government agency that collects, processes, and disseminates essential statistical data on labor market activity, working conditions, and price changes in the economy.