An Institutional Change That Is Needed in Most Developing Nations

question 209

Multiple Choice

An institutional change that is needed in most developing nations is

• A) the will to develop.
• B) reduced foreign aid.
• C) birth control.
• D) land reform.

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Definitions:

Financing Activities

This category in cash flow statements includes transactions related to raising capital and repaying investors, such as issuing stock or paying dividends.

Cash Flows

The inflow and outflow of cash and cash equivalents, representing the operating, investing, and financing activities of an entity over a period.

Indirect Method

In finance, it refers to a cash flow statement approach that adjusts net income for the effects of transactions that do not involve cash, to calculate net cash flow from operating activities.

Income Statement

A financial document that provides a summary of a company's revenues, expenses, and profits/losses over a specified period of time.