Avatar Company Uses the Indirect Method to Prepare Its Statement

question 26

Multiple Choice

Avatar Company uses the indirect method to prepare its statement of cash flows and provides following information about transactions for the year: What was the net amount of Cash from investing activities?

• A)$38,000 negative
• B)$60,000 positive
• C)$52,000 negative
• D)$30,000 negative

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Definitions:

Discourse Of Representation

The ways in which language and communication practices construct or represent reality, identities, and social relations.

Discourse Of Understanding

The exchange of ideas and information aiming to foster mutual comprehension and empathy among diverse groups.

Inherently Dislike Work

A viewpoint suggesting that people naturally do not enjoy work and require external motivation to be productive.

Descriptive

Relating to the detailed description of characteristics, behaviors, or attributes, rather than explanations based on cause and effect.