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If ____________________ statements are omitted in a switch statement, all cases following the matching case value, including the default case, are executed.
Financing Activities
Transactions and events that affect long-term liabilities and equity, such as issuing debt or equity, repurchasing shares, and paying dividends.
Investing Activities
Transactions related to the acquisition or sale of long-term assets and investments not included in cash equivalents.
Financing Activities
Activities that result in changes in the size and composition of the equity and borrowings of a company.
Inventory Account
An account on the balance sheet that reports the value of a company's goods that are unsold at the end of the accounting period.
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