Changes in Non-Current Liabilities and Equity in the Balance Sheet

question 7

Multiple Choice

Changes in non-current liabilities and equity in the balance sheet appear in the statement of cash flows under:

• A) the reconciliation of operating profit with cash flow from operating activities.
• B) operating activities.
• C) investing activities.
• D) financing activities.

---

Definitions:

Identity Crisis

A period of uncertainty and confusion in which an individual struggles with aspects of their identity, such as who they are, their values, and their direction in life.

Adolescents

Young people in the transition stage from childhood to adulthood, typically between the ages of 10 and 19.

Self-understanding

The awareness and comprehension of one's own personality, emotions, motivations, and capabilities.

Personal Fable

A cognitive distortion experienced by adolescents who believe themselves to be unique, invulnerable, and misunderstood.