Which of the Following Are the Three Major Categories Included

question 5

Multiple Choice

Which of the following are the three major categories included on the statement of cash flows?

• A) Investing, operating and financing activities
• B) Investing, capital and financing activities
• C) Investing, operating and contracting activities
• D) Financial, operating and internal control activities

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Definitions:

Federal Employment Taxes

Taxes imposed by the federal government on employers and employees, including income tax withholding, Social Security, and Medicare taxes.

Federal Tax Deposit Schedule

The timetable set by the IRS for businesses to deposit employee withheld taxes and FICA taxes.

Practice

The act of repeatedly performing activities or exercises to acquire or maintain proficiency in a particular skill or knowledge area.

Physician-Owned Medical Practice

A healthcare facility or practice owned and operated by physicians rather than corporations or external investors.