Which Statement Is TRUE Regarding the Direct Method of Preparing

question 67

Multiple Choice

Which statement is TRUE regarding the direct method of preparing the statement of cash flows?

• A)Depreciation is a cash payment under operating activities.
• B)Sales on credit is listed under cash receipts in the operating section.
• C)Collections from customers are the cash receipts listed in the operating section.
• D)Proceeds from the issuance of long-term debt is listed as a cash receipt in the operating section.

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Definitions:

Urinary Drainage

The process or device used to facilitate the removal of urine from the bladder.

External Catheter

A catheter that is placed outside the body, often used to drain urine from the bladder without entering the urethra.

Penile Shaft

The elongated portion of the penis between the base and the glans, comprising the majority of its length.

Coudé Catheter

A type of urinary catheter with a curved tip, designed to navigate past obstacles like enlarged prostates in the urethra, easing the process of catheterization.