Which of the Following Is a Way That the Operating

question 57

Multiple Choice

Which of the following is a way that the operating activity section of the statement of cash flows adjusts Net Income from the balance sheet?

• A) It subtracts all expenses and costs related to a firm's operating activities.
• B) It adds all non-cash entries related to a firm's operating activities.
• C) It adds the cash that flows from investors to a firm.
• D) It removes the cash used for investment purposes.

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Definitions:

Taft-Hartley Act

A 1947 United States federal law that restricts the activities and power of labor unions.

AFL

refers to the American Federation of Labor, a national federation of labor unions in the United States, founded in 1886, focusing on skilled workers.

CIO

Congress of Industrial Organizations, a federation of unions that organized workers in industrial unions in the United States and Canada from 1935 until its merger with the AFL in 1955.

Operation Dixie

A campaign launched by the Congress of Industrial Organizations in the 1940s aimed at unionizing industrial workers across the Southern United States, facing considerable resistance.