In Terms of Funds and Cash Flow Statements

question 19

Multiple Choice

In terms of funds and cash flow statements,

• A) there is a lack of regulation worldwide on their use.
• B) fewer and fewer companies are providing cash flow statements due to the cost of competitive disadvantage.
• C) firms are shifting away from cash flow statements and moving to working capital as a definition of funds.
• D) most countries require cash flow rather than funds statements.

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Definitions:

Need-Satisfaction

The fulfillment of a consumer's desire or requirement for a product or service.

Deep Sea Oil Rigs

Large structures used in offshore drilling to explore for and extract oil and gas from beneath the seabed.

Need-Satisfaction

A sales method focusing on identifying and meeting the specific needs of the customer.

Transactional

Pertaining to the process of conducting business or commercial transactions, often emphasizing the exchange of goods, services, or funds.