Which of the Following Would NOT Be Reported in the Operating

question 41

Multiple Choice

Which of the following would NOT be reported in the operating activities section of a statement of cash flows using the direct method?

• A)cash paid for income taxes
• B)interest received on notes receivable
• C)loss on sale of equipment
• D)payments to suppliers

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Definitions:

Feel-Good, Do-Good

A phenomenon where people are more likely to engage in helpful behaviors when they are in a good mood.

External Locus

A belief system where individuals perceive their outcomes in life as being largely controlled by external forces rather than their own efforts.

Locus of Control

Refers to an individual's belief system regarding the causes of his or her experiences and the factors to which that person attributes success or failure.

Adaptation-Level

A theory suggesting that people adapt to certain levels of stimuli and thus their perception of new stimuli is dependent on past experiences.