The Statement of Cash Flows

question 143

Multiple Choice

The statement of cash flows

• A) is prepared instead of an income statement under generally accepted accounting principles.
• B) is used to assess an entity's ability to pay dividends and meet obligations.
• C) is prepared from comparative income statements.
• D) reflects earnings per share figures on a cash basis and on an accrual basis in the body of the statement.

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Definitions:

Counseling

A professional service that offers guidance and assistance to individuals dealing with personal, social, or psychological issues.

Environmental Assessments

The evaluation of the environmental implications of a plan, policy, program, or actual projects prior to the decision to move forward with the proposed action.

Controlled Setting

A meticulously arranged environment in research or experiments where variables are managed to isolate cause and effect relationships.

Outside Stimuli

External factors or prompts that elicit responses or reactions from an organism or system.