In Which of the Following Situations Should John Get a Medical

question 77

Multiple Choice

In which of the following situations should John get a medical examination before beginning an exercise program?

• A)if he is inactive and over 40 years of age
• B)if he has diabetes or asthma
• C)if he has a history of heart disease
• D)all of these

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Definitions:

Investing Activities

Financial transactions and events related to the acquisition or disposal of long-term assets and investments included in a company’s cash flow statement.

Long-Term Assets

Long-term assets are assets that a company expects to use for more than one year, including property, plant, equipment, and intangible assets.

Notes Receivable

Financial assets representing amounts due to be paid to a company by customers or other entities in the form of promissory notes.

Direct Method

A method of preparing the cash flow statement where actual cash flow information from the company's operations is used, as opposed to indirect method adjustments.