Examlex

Solved

Which of the Following Equations Represent the Relationship Between the Change

question 77

True/False

Which of the following equations represent the relationship between the change in cash and cash equivalents (Cash)and the changes in other current assets (OCA),current liabilities (CL),Noncurrent Assets (NCA),noncurrent liabilities (NCL),capital stock (CS)and retained earnings (RE)?
A)ΔCash = ΔCL + ΔNCL − .ΔOCA −.ΔNCA + ΔCS + ΔRE
B)ΔCash = ΔOCA + ΔNCA −.ΔCL −.ΔNCL + ΔCS + ΔRE
C)ΔCash = ΔCL + ΔNCL − .ΔOCA −.ΔNCA - ΔCS - ΔRE
D)ΔCash = ΔOCA + ΔNCA −.ΔCL −.ΔNCL - ΔCS - ΔRE


Definitions:

Secession

The act of a region or entity declaring independence from a country or state to which it currently belongs, aiming to create a separate sovereign state.

Ostend Manifesto

A document from 1854 where US diplomats recommended the acquisition of Cuba by any means necessary, to expand the territory for slavery.

Monroe Doctrine

President James Monroe’s declaration to Congress on December 2, 1823, that the American continents would be thenceforth closed to European colonization, and that the United States would not interfere in European affairs.

Natural Rights

Fundamental rights believed to be inherent to humans, independent of any government or social system, often including life, liberty, and the pursuit of happiness.

Related Questions