Changes in Which of the Following Are Included in Financing

question 116

True/False

Changes in which of the following are included in financing activities?
A)accounts payable
B)bonds payable
C)accounts receivable
D)property,plant,and equipment

• A)accounts payable
• B)bonds payable
• C)accounts receivable
• D)property,plant,and equipment

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Definitions:

Current Year Dollars

A measure that accounts for the value of money, income, or financial figures without adjusting for inflation or deflation, reflecting present-day values.

Income

The financial gain received by an individual or entity, typically through work, investments, or business operations.

Consumer Price Index

A measure of the average change in prices over time that consumers pay for a basket of goods and services.

Salary Equivalent

The equivalent annual salary amount for non-standard work arrangements when comparing to a full-time salary rate.