Flow IncReceived Cash from Fees Earned

question 20

Multiple Choice

Flow Inc.received cash from fees earned.How does this transaction affect the Statement of Cash Flows?

• A) Increase cash from Operating Activities
• B) Increase cash from Investing Activities
• C) Increase cash from Financing Activities
• D) No effect on the Statement of Cash Flows

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Definitions:

Benefits Costs

The expenses incurred by an organization in providing non-wage compensations such as health insurance, pensions, and paid leave to its employees.

United States

A country located primarily in North America, comprised of 50 states, known for its significant influence on global culture, politics, and economy.

Diverse Workforce

A workforce comprised of individuals from a wide range of backgrounds, cultures, genders, ages, and abilities.

Benefits Programs

A range of programs provided by employers to offer various non-wage compensations to employees, like health insurance, retirement benefits, and more.