When Preparing a Statement of Cash Flows Using the Direct

question 17

Multiple Choice

When preparing a statement of cash flows using the direct method, a net loss reported on the income statement will

• A) automatically result in a cash outflow from operating activities.
• B) be included in financing activities.
• C) be disclosed as a note to the statement of cash flows.
• D) not be included on the statement at all.

---

Definitions:

Simp

An internet slang term originally used to describe someone who performs excessive sympathy or attention towards another person, often without reciprocation.

Add

To combine or join together to increase in size, number, or importance.

Simp

A slang term often used disparagingly to describe someone who exhibits excessive sympathy or attention towards another person, typically someone they are romantically interested in, without receiving any affection in return.

Conj

A shortened form for "Conjunction," indicating a grammatical or logical connector that joins two or more elements in discourse.