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Classify each statement below as an operating activity,investing activity,or a financing activity.
a.Sold 12,000 shares for cash.
b.Paid salaries of employees.
c.Paid amount due for income taxes.
d.Paid interest expense (ASPE).
e.Purchased office equipment for cash.
f.Sold old office equipment and received cash.
g.Received interest income.
h.Paid interest on a bank loan.
i.Paid dividends to shareholders.
Decision Making
The cognitive process of selecting a course of action from multiple alternatives.
Work Teams
Groups of employees who collaborate and share responsibilities to achieve common goals and deliver project outcomes.
Collective Work
Efforts undertaken by a group of individuals working together towards a common goal or project.
Personal Accountability
The willingness to take responsibility for one's own actions and their outcomes.
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