Which of the Following Describes the Financing Activities Section of the Statement

question 102

Multiple Choice

Which of the following describes the financing activities section of the statement of cash flows?

• A)It includes increases and decreases in long-term assets.
• B)It includes cash transactions affecting the long-term liabilities and equity of the business.
• C)It includes transactions that primarily affect current assets and current liabilities.
• D)It shows the beginning and ending balances of cash.

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Definitions:

Souvenirs

Items purchased or obtained as a reminder of a particular place, event, or experience.

Demand Independence

The condition where the demand for one product does not directly affect the demand for another, allowing for independent forecasting.

Postponement

A supply chain strategy that delays the final assembly or customization of a product until the latest possible time to reduce inventory costs and increase flexibility.

Product Variety

The range of different products or variations of a product that a company offers to its customers to meet diverse preferences and needs.