Business Activities That Either Generate or Use Cash Are Classified

question 113

True/False

Business activities that either generate or use cash are classified as operating,investing,or financing activities on the statement of cash flows.

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Definitions:

Testing Plan

The part of the problem statement that lists specific input numbers the programmers would typically expect the user to enter; the plan then lists the precise output values that a perfect program would return for those input values.

Precise Output

The generation of exact results or outputs by a computer system or software, without any errors or approximations.

Web Applications

Software programs that run on a web server and are accessed through a web browser over the Internet.

Information Available

Refers to data or knowledge that is accessible and retrievable from a source, such as a database or the internet.