Generally, the First Category Shown on the Statement of Cash

question 95

Multiple Choice

Generally, the first category shown on the statement of cash flows is cash flows provided (used) by

• A)operating activities.
• B)investing activities.
• C)financing activities.
• D)significant noncash activities.

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Definitions:

Free-Market Economies

Economic systems in which the prices for goods and services are determined by the open market and consumers, with minimal governmental intervention.

Property Rights

The legal rights to possess, use, and dispose of assets including real estate, personal property, and intellectual property.

International Monetary Fund

An international organization created to promote global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

Economic Development

The method through which a country enhances the financial, governmental, and societal prosperity of its citizens.