Assume That the Fitzgerald Corporation Uses the Indirect Method to Depict

question 21

Multiple Choice

Assume that the Fitzgerald Corporation uses the indirect method to depict cash flows. Indicate where, if at all, accounts receivable collected would be classified on the statement of cash flows.

• A) Operating activities section.
• B) Investing activities section.
• C) Financing activities section.
• D) Does not represent a cash flow.

---

Definitions:

Intense Commitment

A deeply rooted dedication or devotion to a cause, activity, or goal, often surpassing common levels of interest.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.

Actualization Tendency

The intrinsic growth drive that propels an individual toward realization of their potentials, self-fulfillment, and personal development.

Psychological Growth

The process of developing greater insight, understanding, and psychological capabilities leading to overall personal and emotional development.