If $10,000 Was Generated from Operations,$4,000 Was Used for Investing

question 101

Multiple Choice

If $10,000 was generated from operations,$4,000 was used for investing activities and $6,000 was generated from financing activities,the cash balance must have increased by:

• A)$6,000.
• B)$8,000.
• C)$12,000.
• D)$20,000.

---

Definitions:

Duress

A situation where a person is forced into an agreement or action against their will by means of threats, violence, constraints, or other pressure.

Crimes

Acts or omissions that violate laws prohibiting the behavior, which can result in punishment.

Torts

Legal wrongs committed against a person or property, excluding breach of contract.

Scienter

Knowledge of wrongdoing or fraudulent intent in the commission of an act, especially a key element in certain legal proceedings.