When Analyzing the Changes on a Spreadsheet Used to Prepare

question 67

Multiple Choice

When analyzing the changes on a spreadsheet used to prepare a statement of cash flows, the cash flows from financing activities generally affect:

• A) Both noncurrent assets and noncurrent liabilities.
• B) Noncurrent assets.
• C) Net income, current assets, and current liabilities.
• D) Noncurrent liability and equity accounts.
• E) Equity accounts only.

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Definitions:

Physiological Need

Fundamental requirements necessary for sustaining the human body's basic functions, such as food, water, and shelter, identified as the base level of Maslow's hierarchy of needs.

Self-Actualization

Achieving one's full potential, including creative expression, quest for spiritual enlightenment, pursuit of knowledge, and giving back to society.

Esteem

The respect and admiration that an individual, entity, or concept holds in the opinion of others.

Self-Actualization Needs

The highest level in Maslow's hierarchy of needs, representing the realization of one's potential and self-fulfillment.