Repayment of a Loan Is A(n)________ Activity on the Statement

question 4

Multiple Choice

Repayment of a loan is a(n) ________ activity on the statement of cash flows.

• A)operating
• B)investing
• C)financing
• D)indirect

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Definitions:

Affect Heuristic

A mental shortcut that allows people to make decisions and solve problems quickly and efficiently based on their emotions.

Disgusted

A feeling of strong disapproval or revulsion.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Fairness Bias

The tendency to prioritize fairness and equity in decision making and judgment, sometimes at the expense of other considerations.