Dispositions of Non-Current Assets

question 26

Multiple Choice

Dispositions of non-current assets:

• A) Are investing activities.
• B) Are investing activities and can involve cash inflows.
• C) Can involve cash inflows.
• D) Have no impact on cash flows.
• E) Have no impact on cash flows and are investing activities.

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Definitions:

Performance

The act of carrying out or accomplishing tasks, duties, or goals as expected or required in a specific role or function.

Subjectively

Based on or influenced by personal feelings, tastes, or opinions rather than external facts or evidence.

Piece-rate System

A compensation method in which employees are paid based on the quantity of work they complete, rather than the hours worked.

Product Manufacturing

The process of converting raw materials or components into finished goods that meet a company's specifications and can be offered to the market.