Which of the Following Characteristics Are NOT Used to Classify

question 116

Multiple Choice

Which of the following characteristics are NOT used to classify and name clastic sediments?

• A) the size of the clasts
• B) the amount of sorting of clasts
• C) the shape of the clasts
• D) the climate in which the clasts are produced
• E) all of these are used

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Definitions:

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and other investments, a component of a company's cash flow statement.

Operating Activities

Activities directly related to the day-to-day operations of a business, such as selling products or services, which are reflected in the company's cash flow from operating activities.

Direct Method

A cash flow statement preparation method that lists specific operating cash receipts and payments, directly showing sources and uses of cash.

Indirect Method

A cash flow statement approach that adjusts net income for changes in non-cash accounts to calculate cash from operating activities.