Which of the Following Statements Is Not True with Respect

question 29

Multiple Choice

Which of the following statements is not true with respect to the statement of cash flows for a consolidated entity?

• A)The statement may be prepared using either the direct or the indirect method.
• B)Noncontrolling interest share will be added back to cash flows from operating activities under the indirect method.
• C)Payment of dividends from the subsidiary to the parent will appear on the statement of cash flows as a financing activity.
• D)If the subsidiary does not use the same method (direct or indirect)as the parent,they must convert their separate statement of cash flows first to the same method that the parent uses,and then the two statements are consolidated.

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Definitions:

Hypothalamus

A region of the brain below the thalamus that coordinates both the autonomic nervous system and the activity of the pituitary, controlling body temperature, thirst, hunger, and other homeostatic systems.

Amygdala

A region of the brain within the temporal lobe, crucial for the processing of emotions, especially fear and pleasure.

Temporal Lobes

Regions of the cerebral cortex below the parietal lobes and in front of the occipital lobes; these regions are important for hearing and for recognizing objects, such as faces.

Cerebral Cortex

The outer layer of the brain, responsible for complex behaviors, thought, memory, and consciousness.