Social Networking Is an Activity That Takes Place Exclusively on the Internet

question 15

True/False

Social networking is an activity that takes place exclusively on the Internet.

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Definitions:

Operating Activities

Activities related to the day-to-day business operations, including cash flows from selling goods and services, and paying for expenses.

Cash Dividend

A payment made by a company out of its profits to its shareholders, usually in the form of cash.

Net Income

The total earnings of a company after subtracting all expenses, including taxes, from its total revenues.

Indirect Method

Indirect Method is a way of preparing the cash flow statement where net income is adjusted for non-cash transactions, changes in working capital, and other items to calculate cash flow from operating activities.