All of the Following Are Usually Included in a Work

question 57

Multiple Choice

All of the following are usually included in a work package EXCEPT

• A) What will be done.
• B) The time needed to complete the work.
• C) A single person who is responsible for its completion.
• D) All the costs for the work package.
• E) All of these are included in a work package.

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Definitions:

Operating Activities

Operating activities include the primary, day-to-day tasks and transactions related to running a business, which contribute to generating revenue.

Direct Method

A cash flow statement reporting approach that lists major operating cash receipts and payments during a period.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflow and outflow a company receives from its ongoing operations and external investment sources.

Operating Activities

Involves the day-to-day actions that are taken for the main operations of a business, such as sales and purchase of goods or services, which are reflected in the cash flow from operating activities in the financial statements.