Which of the Following Is Not an Operating Activity

question 65

Multiple Choice

Which of the following is not an operating activity?

• A)Cash collections from credit customers
• B)Cash payments for operating expenses
• C)Cash receipts for interest earned
• D)Cash payments for dividends to stockholders

Understand the concept and purpose of a flexible budget and its comparison to static budgets.

Identify the conditions under which a variance analysis is favorable or unfavorable.

Recognize the role of activity level changes in the variance analysis process.

Distinguish between variable and fixed costs in the context of budgeting and variance analysis.

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Definitions:

Emotions

Complex psychological states that involve physiological responses, cognitive processes, and behavioral reactions, influenced by personal experience, culture, and environment.

Development

The process of change and growth that occurs in organisms over time, which in humans includes physical, cognitive, and socio-emotional dimensions.

Adulthood

The period in human life after adolescence, characterized by fully developed physical growth, maturity, and the assumption of adult roles and responsibilities.

Consent

The voluntary agreement to or permission for something, given by someone who is in a position to make informed decisions.