Which of the Following Would NOT Appear on a Statement

question 47

Multiple Choice

Which of the following would NOT appear on a statement of cash flows using the direct method?

• A)Payments to a supplier
• B)Proceeds from issuance of common stock
• C)Cost of goods sold
• D)Collections from customers

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Definitions:

Status Group

A group of people who share similar social status, lifestyles, world views, occupations, and standards of living.

Davis-Moore Thesis

A sociological proposition arguing that social stratification has beneficial consequences for the operation of society, by ensuring the most capable individuals fill the most important roles and receive the highest rewards.

Social Inequality

The existence of unequal opportunities and rewards for different social positions or statuses within a society or group.

Highly Rewarded Positions

Occupations or roles within a structure or system that offer significant compensation, prestige, or privileges compared to others.