Which Two of the Following Are Most Apt to Cause

question 17

Multiple Choice

Which two of the following are most apt to cause a cash-out for a firm that is generally financially sound?
I.fixed expenses
II.fixed asset purchases
III.flexible financing policy
IV.highly seasonal sales

• A)I and III only
• B)II and IV only
• C)III and IV only
• D)I, II, and III only
• E)II, III, and IV only

Recognize Operating Activities and their relevance to cash flow.

Understand the basic characteristics and concepts related to stocks in corporations.

Identify the legal and financial structure of corporations including the rights and obligations of shareholders.

Understand the roles and responsibilities of entities such as registrars in the context of corporate governance.