In Contrast with Single Entity Organizations,consolidated Financial Statements Include Which

question 16

Multiple Choice

In contrast with single entity organizations,consolidated financial statements include which of the following in the calculation of cash flows from operating activities under the indirect method?

• A)Cash paid to employees
• B)Noncontrolling interest dividends paid
• C)Noncontrolling interest share
• D)Proceeds from the sale of land

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Definitions:

Wage Expense

The total cost incurred by a company for paying its employees, including salaries, wages, and other compensation.

Wages Payable

The total amount of wages earned by employees but not yet paid by the employer at the end of an accounting period.

Cash Outflows

The total amount of money being spent by a business during a period.

Dividends Payable

A liability on a company's balance sheet that indicates the amount of dividends it owes to shareholders, to be paid out in the future.