The Final or Bottom Line on the Statement of Cash

question 22

True/False

The final or bottom line on the statement of cash flows is the net increase or decrease in cash for the period.

---

Definitions:

Consequentialism

An ethical theory that judges whether an act is right or wrong based on its consequences.

Utilitarianism

The ethical principle that urges individuals to act in a way that creates the most happiness for the largest number of people.

Bribes

Illicit payments, offers, or receipts of value offered or made to influence the actions or decisions of someone in a position of power, often to gain an unfair advantage.

Supplies

Goods and materials required for the operation of a business or for completing a particular task, project, or service.