Limits Allow Children

question 86

Multiple Choice

Limits allow children

• A) the safety of knowing which behaviors are acceptable.
• B) the safety of knowing which behaviors are not acceptable.
• C) to learn the concepts of right and wrong.
• D) to develop inner control over behavior.
• E) All of these answers are correct.

---

Definitions:

Direct Method

A cash flow statement presentation method that shows actual cash inflows and outflows from operating activities, as opposed to the indirect method which starts with net income and adjusts for non-cash transactions.

Cash Basis

A financial recording strategy that logs earnings and expenditures upon the actual receipt or payment of money, as opposed to when they are earned or incurred.

Direct Method

A way of preparing a cash flow statement where cash receipts and payments are reported directly.

Operating Activities

Transactions and other events related to the core business operations, affecting the operational cash flows of a company.