CASE Critical Thinking Questions

question 103

Multiple Choice

CASE
Critical Thinking Questions
Case 12-1
Before your app is tested and published, you know that you have some customization to do of the app logos. You review an online tutorial in order to familiarize yourself with the requirements of each file.
-One of the files with which you are working has a size of 150 x 150 pixels.Which file is this?

• A) Store."png"
• B) Logo."png"
• C) StoreLogo."png"
• D) SmallLogo."png"

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Definitions:

Direct Method

A way of preparing the cash flow statement where actual cash flows from operating activities are listed directly.

Administrative Expenses

Costs related to the general administration of a business, such as salaries of office staff, rent, and utilities.

Cash Basis

A method in accounting where revenues and expenses are recorded only when cash is received or paid out, respectively.

Statement of Cash Flows

A financial statement that summarizes a company's cash inflows and outflows over a specific period.