On the Statement of Cash Flows Worksheet

question 100

Multiple Choice

On the statement of cash flows worksheet

• A) significant noncash investing and financing activities are not entered in the reconciling columns.
• B) a decrease in cash will be offset by a debit in the reconciling items columns at the bottom of the worksheet.
• C) an increase in cash will be offset by a debit in the reconciling items column at the bottom of the worksheet.
• D) income statement accounts are listed after balance sheet accounts in the top half of the worksheet under the indirect method.

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Definitions:

P-value Method

A statistical approach used to determine the significance of results in hypothesis testing, indicating the probability of observing data as extreme as the sample data.

Null Hypothesis

It is a hypothesis that assumes no significant difference or effect; it is the statement tested in statistical hypothesis testing to determine the likelihood of the observed data.

Statistically Significant

A determination that the observed difference or relationship in a statistic is not likely due to chance alone, according to a pre-specified threshold of significance.

Confidence Interval

A range of values derived from sample statistics that is likely to contain the true value of an unknown population parameter.