Which One of the Following Activities Is a Source of Cash

question 5

Multiple Choice

Which one of the following activities is a source of cash?

• A)Decreasing long-term debt
• B)Increasing inventory
• C)Repurchasing shares of stock
• D)Increasing fixed assets
• E)Decreasing accounts receivable

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Definitions:

Time Wages

A system of compensation based on the amount of time an employee works, usually expressed as an hour rate.