Presented Below Is the Operating Activities Section of the Statement

question 75

Multiple Choice

Presented below is the operating activities section of the statement of cash flows for Feline Friends Corp.for 2016:
Operating activities:
Which method of preparing the operating activities section has Feline used?

• A)The direct method
• B)The indirect method
• C)Either method
• D)Cannot be determined without further information

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Definitions:

Entrepreneurship

The act of creating, developing, and managing a business venture along with its financial risks in order to profit and innovate within the market.

Quickly Sense

The ability to rapidly perceive or deduce information from a given situation or environment.

Self-punishment

The act of inflicting punishment on oneself as a response to feelings of guilt or failure.

Self-cueing

A technique where individuals prompt themselves to remember or perform tasks, enhancing personal productivity or behavior modification.