Which of the Following Would Not Appear on a Statement

question 58

Multiple Choice

Which of the following would not appear on a statement of cash flows prepared using the direct method?

• A)Cash receipts from customers
• B)Cash payments for insurance
• C)Depreciation expense
• D)Cash payments for salaries and wages

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Definitions:

Tankless

Refers usually to water heaters that do not store hot water but heat it instantly on demand.

Instant

Occurring or done immediately and without delay.

Life Cycle Cost

The total cost of ownership of a product or system over its entire life, including initial purchase, operation, maintenance, and disposal costs.

Operating Cost

The total amount of money required to run a business, project, or device, excluding capital expenditures.