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:

Micro-aggressions

Subtle, often unintentional, forms of prejudice or discrimination against members of a marginalized group.

Hostile

Showing or feeling opposition or dislike; aggressive.

Grandchildren

The children of one's son or daughter, representing the next generation in a family lineage.

Live

To be alive or exist; in broadcasting, it refers to a real-time transmission of an event.