Use the Following Codes to Indicate How the Cash Flow

question 131

Multiple Choice

Use the following codes to indicate how the cash flow effect, if any, of each transaction would be reported on a statement of cash flows if the operating activities section is prepared using the direct method.
-Received payments from credit sales.

• A)Inflow from operating activity
• B)Outflow from operating activity
• C)Inflow from investing activity
• D)Outflow from investing activity
• E)Inflow from financing activity
• F)Outflow from financing activity
• G)Noncash investing and financing activity
• H)Not reported on statement of cash flows

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Definitions:

Job Performance

The execution of tasks or duties that are a part of one's job role, measuring how well someone does their job.

Organizational Coordination

A process within an organization to ensure different departments and employees work together effectively and efficiently towards achieving a common goal.

Work Processes

A systematic series of actions directed to achieve a specific goal within an organization.

Product Departmentation

An approach in organizational structuring where departments or units are organized based on the products or product lines they manage.