Two Benefits of Researching Vendor Solutions Include _______ and ______

question 7

Multiple Choice

Two benefits of researching vendor solutions include _______ and ______.

• A)encouraging the users to buy a vendor solution immediately
• B)​helping analysts discover state of the art solutions
• C)​helping users generate new ideas for business functions
• D)speeding up the development project​
• E)​informing senior management about competitors
• F)reducing the risk of implementing a new system

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Definitions:

Indirect Method

A cash flow statement presentation method that adjusts net income for changes in balance sheet accounts to calculate cash flow from operating activities.

Operating Activities

The day-to-day actions that a business undertakes to generate revenue, as reflected in the cash flow statement.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Indirect Method

A way of calculating cash flows for operating activities in the cash flow statement by adjusting net income for changes in non-cash items.