The Order of Presentation of Activities on the Statement of Cash

question 146

Multiple Choice

The order of presentation of activities on the statement of cash flows is

• A) operating, investing, and financing
• B) operating, financing, and investing
• C) financing, operating, and investing
• D) financing, investing, and operating

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Definitions:

Risk Of Harm

The potential for injury, damage, or adverse effects in a particular situation or from a specific action.

Duty To Protect

A legal obligation imposed on individuals or entities, requiring them to take reasonable steps to protect others from foreseeable harm.

Assumption Of Risk

A traditional defense to negligence liability based on the argument that the plaintiff voluntarily exposed himself to a known danger created by the defendant’s negligence.

Comparative Fault

Often used synonymously with comparative negligence. But also sometimes used to refer to a defense that operates like comparative negligence but considers the plaintiff’s and the defendant’s overall fault rather than either’s negligence alone.