If You Are a Person Who Dislikes Taking Time for Precision

question 118

Multiple Choice

If you are a person who dislikes taking time for precision work, such as completing tax returns, you would probably score high on what aspect of the Myers-Briggs Type Indicator (MBTI®) ?

• A) extrovert
• B) feeling
• C) judgmental
• D) intuitive

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Definitions:

Indirect Method

A method for preparing cash flow statements where net income is adjusted for changes in balance sheet items to compute cash from operating activities.

Operating Activities

Transactions related to the primary operations of a business, such as sales revenue and expenses, that affect the cash flow.

Current Assets

Assets that a company expects to convert to cash, sell, or consume within one year or its operating cycle, whichever is longer.

Fixed Assets

Long-term tangible assets used in a company's operations that are not expected to be converted into cash within a year.