By Counting the Number of Times You Show Fluency, Flexibility

question 74

Multiple Choice

By counting the number of times you show fluency, flexibility, and originality, we could rate your creativity, or your capacity for __________ thinking.

• A)inductive
• B)deductive
• C)convergent
• D)divergent

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Definitions:

Financing Activities

Transactions involving raising capital or repaying funds to and from investors and creditors, as reflected in the cash flow statement.

Net Cash

The amount of cash that remains after deducting all operational, financial, and investment activities over a period.

Cash Basis

An accounting method where revenues and expenses are recorded when they are actually received or paid, not when they are incurred.

Operating Activities

The day-to-day functions of a business related to producing and selling its products or services, which are reflected in the cash flow statement.