The Item That Would Not Be Included in the Operating

question 67

Multiple Choice

The item that would not be included in the operating section of a statement of cash flows is:

• A)Cash interest received.
• B)Cash received from the sale of surplus machinery.
• C)Cash received from sales.
• D)Cash payment of expenses.

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Definitions:

Interval Variables

Another term for interval data, indicating variables measured along a scale on which each point is placed at equal distance from one another, with meaningful quantifiable differences but without a true zero.

Spearman Correlation

A measure of rank correlation, independent of parametric assumptions, which determines how accurately a monotonic function can depict the relationship between two variables.

Sample Statistic

A numerical measurement describing some aspect of a sample taken from a population.

Gross Revenue

The total amount of revenue generated by a business before deductions for expenses are made.