Under the Direct Method of Preparing the Statement of Cash

question 13

Multiple Choice

Under the direct method of preparing the statement of cash flows, cash receipts from operating activities do NOT include:

• A)collections from customers.
• B)receipt of dividends on investments.
• C)payments to suppliers.
• D)receipt of interest on investments.

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Definitions:

Regular Schedule

A consistent and predictable plan or timetable for activities or tasks.

Thomas and Chess

Psychologists known for their research in child development, particularly in temperament studies.

Social and Cultural Interactions

Exchanges between individuals or groups that are influenced by and contribute to the norms, values, and practices of a society or culture.

Vygotsky

A developmental psychologist known for his theory on social development and the concept of the Zone of Proximal Development, which emphasizes the role of social interaction in cognitive development.