A FASB Discussion Memorandum Suggested That Cash Flow Data Are

question 18

Multiple Choice

A FASB discussion memorandum suggested that cash flow data are a useful supplemental disclosure for all of the following reasons except:

• A)they provide information about the quality of income.
• B)they aid in assessing flexibility and liquidity.
• C)they help to identify the relationship between accounting income and cash flows.
• D)they are a better predictor of future earnings than is accounting income.

---

Definitions:

Hypersomnia

Disorder of falling asleep at inappropriate times, or a difficulty staying awake.

Lucid Dreams

Dreams in which the dreamer is aware that they are dreaming and may have some control over the dream's content, narrative, and environment.

Hypnogogic Hallucinations

Vivid sensory experiences that occur at the onset of sleep, often involving visual, auditory, or tactile sensations.

Reticular Activating System

A network of neurons located in the brainstem that is responsible for regulating wakefulness and sleep-wake transitions.