Which of the Following Would Not Appear in the Operating

question 11

Multiple Choice

Which of the following would not appear in the operating activities section of a statement of cash flows prepared under the direct method?

• A) Cash receipts from customers
• B) Cash paid for income taxes
• C) Gain on sale of equipment
• D) Cash paid to employees

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Definitions:

Social Reality

The spectrum of beliefs, institutions, norms, and behaviors that characterize the social life of a group or society, perceived as objective by its members.

Self-concept

An individual's perception of themselves, encompassing beliefs and feelings about one's personal attributes and how one evaluates oneself.

Self-esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as an emotional state such as pride or despair.