Which of the Following Is True Regarding the Statement of Cash

question 113

Multiple Choice

Which of the following is true regarding the Statement of Cash Flows for nongovernmental,not-for-profit organizations?

• A) Either the direct or indirect method may be used.
• B) If a not-for-profit organization received a cash contribution for permanently restricted purposes, that cash contribution would be shown as a cash flow from financing activities.
• C) Both of the above.
• D) Neither of the above.

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Definitions:

Organizational Behaviour

A field of study that investigates the impact of individuals, groups, and structures on behavior within organizations.

Employee Recruitment

The process of attracting, selecting, and appointing suitable candidates for jobs within an organization.

Retention

The ability to keep or hold something, such as retaining employees within a company.

Psychologically Healthy

Pertaining to a state of mental well-being where an individual realizes their own abilities, can cope with normal stresses, work productively, and contribute to their community.