The Last Item on the Statement of Cash Flows Prior

question 46

Multiple Choice

The last item on the statement of cash flows prior to the schedule of noncash investing and financing activities reports

• A) the change in cash
• B) cash at the end of the period
• C) net cash flow from investing activities
• D) net cash flow from financing activities

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Definitions:

Inner Loop

In the context of the circular-flow diagram, it refers to the flow of goods and services from firms to households and the corresponding flow of money from households to firms.

Inputs And Outputs

The resources used in the production process (inputs) and the goods or services produced (outputs) in an economic system.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs and technology.

Available Resources

The assets, materials, and inputs that are available for use in the production of goods and services.