When Preparing a Statement of Cash Flows, the Sum of Operating

question 36

Multiple Choice

When preparing a statement of cash flows, the sum of operating and investing and financing activities equals the:

• A)change in cash for the period.
• B)cash inflow for the period.
• C)ending cash balance.
• D)net income as reported on the income statement.

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Definitions:

Shoulder

A complex joint connecting the arm to the torso, encompassing several bones, muscles, and tendons.

Wrist

The joint connecting the forearm to the hand, encompassing eight small bones known as the carpal bones.

Medial Epicondyle

The bony prominence on the inner side of the humerus, to which muscles of the forearm are attached.

Lateral Epicondyle

A bony prominence on the outside (lateral side) of the humerus (upper arm bone) where tendons of the forearm muscles attach.