John Is Employed at Global Tech, an Organization That Operates

question 42

Multiple Choice

John is employed at Global Tech, an organization that operates within the technology industry.He is an experienced corporate manager who assumes the responsibility for managing complex transfers between two or more divisions.John has a(n) role in the company.

• A)fmancial control
• B)functional management
• C)strategic
• D)line management
• E)integrating

---

Definitions:

Indirect Method

A approach used in cash flow statements to adjust net income for changes in non-cash accounts to determine net cash from operating activities.

Operating Activities

Operating activities include the primary revenue-generating activities of an organization as reflected in its cash flow.

Inventory Account

An account representing the total cost of all unsold goods held by a company, including raw materials, work-in-progress, and finished goods.

Depreciation Expense

The distribution of a physical asset's cost over its lifespan, which mirrors the reduction in its value as time progresses.