Which of the Following Is Not an Example of a Black

question 88

Multiple Choice

Which of the following is not an example of a black swan event?

• A) fall of the Berlin Wall
• B) 9/11 terrorist attacks
• C) Fukushima nuclear disaster
• D) election of President Reagan

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Definitions:

Direct Approach

A method in financial statement reporting that presents major classes of operating cash receipts and payments.

Investing Activities

Transactions involving the purchase or sale of long-term assets and investments, reflecting how cash is spent on investments to grow or maintain the business.

Financing Activities

Transactions and events where a business obtains funds or pays back funds to owners and creditors, typically reflected in the cash flow statement.