Which Statement About Conclusions Is Least Accurate

question 18

Multiple Choice

Which statement about conclusions is least accurate?

• A)Any set of data can produce a variety of meaningful conclusions.
• B)The best conclusions show the audience how the data relate to the problem being studied.
• C)Report writers may choose to expand the conclusion section by explaining each item and citing supporting evidence.
• D)Report writers should try to draw conclusions that are subjective.

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Definitions:

Operating Activities

Activities directly related to the operation of the business, including cash flows from operations, investing, and financial activities.

Direct Method

A cash flow statement preparation approach that shows the specific cash inflows and outflows associated with the operating activities.

Cash Received

The actual cash gathered by a company from its various activities, including sales, financing, or investing, during a particular period.

Noncash Investing

A financial activity that involves acquiring or disposing of assets without the immediate use of cash, such as through trading one asset for another or completing transactions through financing arrangements.