The Statement of Cash Flows ________

question 79

Multiple Choice

The statement of cash flows ________.

• A)compares costs and expenses against a firm's net profits
• B)is built on the basic accounting equation: Assets = Liabilities + Capital
• C)shows what assets the business owns and what claims creditors and owners have against those assets
• D)shows changes in working capital by listing sources and uses of funds

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Definitions:

Change Blindness

A perceptual phenomenon where a change in a visual stimulus is introduced and the observer does not notice it.

Attentional Blink

A brief lapse in attention that occurs when perceiving multiple stimuli in rapid succession, resulting in a failure to notice some of the stimuli.

Change Blindness

A perceptual phenomenon where a person fails to notice significant changes in the visual environment due to brief distractions or interruptions.

Failing Vision

A decline in the ability to see clearly, which can include a variety of disorders affecting sight.