On the Cash Flow Statement, Which of the Following Would

question 70

Multiple Choice

On the cash flow statement, which of the following would equal cash paid for salaries?

• A) Salaries Expense plus change in Salaries Payable
• B) Salaries Payable plus change in cash
• C) Salaries Expense plus beginning balance in salaries Payable
• D) Salaries Expense plus ending balance in Salaries Payable

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Definitions:

Educational Requirements

The specific level of education or training necessary to qualify for a particular job or profession.

Consumption

The act of using goods and services to satisfy needs and desires, often analyzed in economics and environmental sciences for its effects on society and the planet.

Distribution

in economics, refers to the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labor, land, and capital).

Production

The process of creating, manufacturing, or producing goods and services, involving labor, raw materials, and tools to fulfill human wants or needs.