Which of the Following Describes the Financing Activities Section of the Statement

question 9

Multiple Choice

Which of the following describes the financing activities section of the statement of cash flows?

• A) It includes increases and decreases in long-term assets.
• B) It includes cash inflows and outflows related to long-term liabilities and equity.
• C) It includes interest and dividend income and cash payments for interest expense.
• D) It reports on activities that create revenue or expenses for the entity's business.

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Definitions:

Certainty

The state of being sure about something or the absence of doubt.

Defensiveness

A psychological reaction characterized by the need to protect oneself from criticism, perceived threat, or vulnerability, often hindering open communication.

Body Orientation

Body orientation refers to the positioning of an individual’s body, which can communicate attitudes, feelings, or intentions non-verbally in social interactions.

Nonverbal Communication

The process of conveying a message without the use of words, through gestures, facial expressions, and body language.