The Statement of Cash Flows

question 115

Multiple Choice

The statement of cash flows

• A)is prepared instead of an income statement under generally accepted accounting principles.
• B)is used to assess an entity's ability to pay dividends and meet obligations.
• C)is prepared from comparative income statements.
• D)reflects earnings per share figures on a cash basis and on an accrual basis in the body of the statement.

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Definitions:

Social Learning Theory

A theory that suggests people learn behaviors, norms, and values through observing and imitating others.

Cultural Values

The fundamental beliefs or philosophies that are important to the people of a specific culture.

Positivist Theory

A theoretical approach in sociology and criminology that posits that human behavior, including criminality, can be studied and understood through scientific principles and methods.

Control Theory

a theory in sociology that suggests people's relationships, commitments, values, and beliefs encourage them not to break the law.