Using the Direct Method of Preparing the Statement of Cash

question 81

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:

Big Data

Very large data sets that are analyzed to reveal patterns, trends, and associations.

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An aspect of artificial intelligence that involves creating algorithms modeled after the human brain to improve computer learning and decision-making processes.