Using the Direct Method of Preparing the Statement of Cash

question 151

Multiple Choice

Using the direct method of preparing the statement of cash flows,which of the following is not an activity generating operating cash flows?

• A)Collections from customers
• B)Collection of notes receivable
• C)Payments for income taxes
• D)Payments to employees

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Definitions:

Cause Marketing

Occurs when the charitable contributions of a firm are tied directly to the customer revenues produced through the promotion of one of its products.

Hybrid-Electric Vehicles

Hybrid-electric vehicles are cars that use a combination of an internal combustion engine and electric propulsion, aiming to improve fuel efficiency and reduce emissions compared to conventional vehicles.

Green Marketing

Marketing efforts focused on promoting products and practices that are environmentally friendly.

Triple-Top Line Marketing

A marketing strategy that focuses on social, environmental, and financial success simultaneously.