Which of the Following Statements Is CORRECT

question 61

Multiple Choice

Which of the following statements is CORRECT?

• A) In the statement of cash flows, a decrease in accounts receivable is reported as a use of cash.
• B) Dividends do not show up in the statement of cash flows because dividends are considered to be a financing activity, not an operating activity.
• C) In the statement of cash flows, a decrease in accounts payable is reported as a use of cash.
• D) In the statement of cash flows, depreciation charges are reported as a use of cash.
• E) In the statement of cash flows, a decrease in inventories is reported as a use of cash.

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Definitions:

National Security Documents

Classified or unclassified documentation that details strategies, operations, analyses, and reports pertaining to a nation's security and defense strategies.

NSA

The National Security Agency, an organization responsible for global monitoring, collection, and processing of information and data for foreign and domestic intelligence and counterintelligence purposes.

National Debt

The total amount of money that a country's government has borrowed and not yet repaid, including both internal and external debts.

Bailout Package

Financial support provided, typically by a government, to prevent the bankruptcy of a failing business, industry, or financial system.