Jude Loves to Play GameCube Games

question 65

Multiple Choice

Jude loves to play GameCube games. While he is playing, he gets so involved that when someone asks him a question, he answers, "Uh-huh." He is most likely

• A) listening, but not hearing.
• B) hearing, but not listening.
• C) communicating effectively.
• D) using formal communication.

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Definitions:

Direct Method

A method of preparing the cash flow statement where actual cash receipts and payments are reported, instead of adjusting net income for changes in non-cash accounts.

Indirect Method

A technique used in cash flow statements to calculate net cash flow from operating activities by starting with net income and adjusting for changes in balance sheet accounts.

Operating Activities

Business functions directly related to providing goods and services, which are reflected in the cash flow statement.

Business Decisions

Choices made by individuals or groups in a corporate setting regarding the direction, operations, and strategy of a business.