Sabrina Works as a Bank Teller

question 2

Multiple Choice

Sabrina works as a bank teller. When one of the customers pointed a gun at her and demanded that she give him the key to the safe deposit box, she was so frightened that she could barely move. After the customer got the key, Sabrina was told to raise her hands and stand with her face into the wall for the rest of the time the bank robbery was unfolding. About 30 seconds passed between the time when Sabrina first saw the customer and the time she was told to turn to the wall with her hands raised. When recalling the event, she is likely to estimate that 30-second time period to have lasted about:

• A) 15 seconds.
• B) 30 seconds.
• C) 1 minute.
• D) 2 minutes.

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Definitions:

Indirect Method

A technique used in cash flow statement preparation that adjusts net income for changes in non-cash working capital and non-operating items to determine cash flow from operating activities.

Operating Activities

Tasks and transactions related to the core business functions of a company, such as selling products and providing services, integral to generating revenue.

Direct Method

A costing method that directly allocates service department costs to producing departments without any intermediate allocation steps.

Operating Activities

Refers to the primary revenue-generating activities of a business, typically including sales, service delivery, and associated costs.