Which of the Following Statements Is CORRECT

question 90

Multiple Choice

Which of the following statements is CORRECT?

• A) The statement of cash flows reflects cash flows from operations,but it does not reflect the effects of buying or selling fixed assets.
• B) The statement of cash flows shows where the firm's cash is located;indeed,it provides a listing of all banks and brokerage houses where cash is on deposit.
• C) The statement of cash flows reflects cash flows from continuing operations,but it does not reflect the effects of changes in working capital.
• D) The statement of cash flows reflects cash flows from operations and from borrowings,but it does not reflect cash obtained by selling new common stock.
• E) The statement of cash flows shows how much the firm's cash--the total of currency,bank deposits,and short-term liquid securities (or cash equivalents)--increased or decreased during a given year.

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Definitions:

Attachment

An emotional bond between individuals, particularly seen in relationships between parents and children, affecting long-term development and emotional wellbeing.

Conservation

The protection and preservation of the natural environment and wildlife, often emphasizing sustainable practices.

Imprinting

A form of learning in which a very young animal fixes its attention on the first object with which it has visual, auditory, or tactile experience and thereafter follows that object.

Egocentrism

A cognitive bias that causes individuals to interpret the world from their own perspective, often failing to take into account the viewpoints of others.