Which of the Following Would Not Appear in the Operating

question 70

Multiple Choice

Which of the following would not appear in the operating activities section of a statement of cash flows prepared using the direct method?

• A)cash receipts from customers
• B)cash paid for income taxes
• C)gain on sale of equipment
• D)cash paid to employees

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Definitions:

Followers

Individuals who support and are guided by a leader, contributing to the achievement of the leader’s or group’s objectives.

Leaders

Individuals who guide, influence, or direct others towards achieving collective goals, often by inspiring or motivating them.

Burns

Often associated with burns transformational leadership theory, focusing on how leaders can inspire followers to achieve extraordinary outcomes.

Personal Power

The influence and authority a person has derived from their personal attributes or skills, rather than their formal position.