Managers Only Use the Cash Flow Statement to Evaluate the Net

question 231

True/False

Managers only use the cash flow statement to evaluate the net cash increase or decrease, and do not pay much attention to the details of cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities.

Recognize the concepts and implications of cognitive dissonance theory.

Appreciate the role of social and cultural influences on attitude-behavior consistency.

Identify strategies for predicting and improving attitude-behavior consistency.

Understand the theory of planned behavior and its components.

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Definitions:

Cover

In contract law, a purchaser's action to buy goods similar to those the seller failed to deliver, in an effort to mitigate damages from the breach of contract.

Cancel

The act of terminating or voiding a contract, agreement, or obligation, rendering it ineffective or null.

Delivery

The act of transferring something from one party to another, often referring to goods, but can also apply to the delivery of services or legal documents.

Liquidated Damages

Pre-determined damages agreed upon by parties in a contract, to be paid if one party breaches the contract.