GASB Requires ________ Method(s)for the Cash Flow Statement for Proprietary

question 13

Multiple Choice

GASB requires ________ method(s) for the cash flow statement for proprietary funds.

• A)the reconciliation
• B)the indirect
• C)the direct
• D)either the direct or indirect

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Definitions:

Dividend Growth Rate

The annualized percentage rate of growth of a company’s dividend payments.

Earnings

The amount of profit a company generates during a specific period, typically reported quarterly or annually.

Expected Growth Rate

The projected annual rate at which an investment, company, or economy is expected to grow, often used to make investment decisions.