Identify the Section of the Statement of Cash Flows (A-D)

question 127

Multiple Choice

Identify the section of the statement of cash flows (a-d) where each of the following items would be reported.
-Decrease in inventory

• A)Operating activities
• B)Financing activities
• C)Investing activities
• D)Schedule of noncash financing and investing

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Definitions:

Profit Sharing

Any procedure by which an employer pays, or makes available to all regular employees, in addition to base pay, special current or deferred sums based on the profits of the enterprise

Job Classification System

A system of job evaluation in which jobs are classified and grouped according to a series of predetermined wage grades.

Point System

A quantitative job evaluation procedure that determines the relative value of a job by the total points assigned to it

Work Evaluation

The process of assessing the performance of employees or tasks, typically to inform decisions about promotions, salaries, or training needs.