The Operating Activities Section of the Statement of Cash Flows

question 68

True/False

The operating activities section of the statement of cash flows includes activities that create revenue or expenses for the entity's business.

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Definitions:

Offensive

Relating to something that causes someone to feel hurt, angry, or upset; also can refer to an attacking action in a military or sports context.

Persistently Preoccupy

To occupy the mind continuously or for a prolonged period with a particular thought or problem, making it difficult to focus on other things.

Obsessive-Compulsive Disorder

A mental disorder where people feel the need to check things repeatedly, perform certain routines repetitively, or have certain thoughts persistently.

Intrusive

Unwanted or disturbing thoughts, impulses, or images that enter the mind, causing significant anxiety or discomfort, typically associated with conditions like OCD.