Under the Direct and Indirect Methods of Preparing the Statement

question 85

Multiple Choice

Under the direct and indirect methods of preparing the statement of cash flows, cash receipts from financing activities include:

• A)sale of plant assets.
• B)selling treasury stock.
• C)issuing common stock for cash.
• D)both B and C.

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Definitions:

Hereditary Influences

Genetic factors passed down from parents to offspring that affect various characteristics and traits.

Overconfident

A cognitive bias characterized by an individual's belief that they are more capable or knowledgeable than they actually are.

Communication "Don't"

Guidelines or practices to avoid in effective communication, usually aimed at preventing misunderstandings or offense.

Common Courtesy

Polite behavior that shows respect for other people, including manners and acts of kindness observed in societal interactions.