An Example of a ____ Activity Is When a Consumer

question 20

Multiple Choice

An example of a ____ activity is when a consumer goes online to purchase environmental friendly items on Reuseit.

• A) B2B
• B) B2E
• C) C2C
• D) B2C

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Definitions:

Indirect Method

A technique used in preparing the cash flow statement, where net income is adjusted for changes in balance sheet accounts to calculate operating cash flow.

Depreciation

The systematic reduction in the recorded cost of a fixed asset to allocate its cost over its useful life, reflecting wear and tear, deterioration, or obsolescence.

Current Asset

An asset that is expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of a business.

Cash Dividends

Payments made by a corporation to its shareholder members from the company's current or retained earnings.