Under the Direct Method of Preparing the Operating Section of the Statement

question 46

Multiple Choice

Under the direct method of preparing the operating section of the statement of cash flows,net cash provided by financing activities is $558,000.If the indirect method of preparing the statement of cash flows was used:

• A)net cash provided by financing activities would be less than $558,000.
• B)net cash provided by financing activities would be more than $558,000.
• C)net cash provided by financing activities would be the same,$558,000.
• D)net cash provided by operating activities would equal $558,000.

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Definitions:

Significance Level

In hypothesis testing, the threshold below which the p-value must fall for the results to be considered statistically significant, commonly set at 0.05.

Mean Score

the average score calculated by adding all the individual scores and dividing by the number of scores.

Programming Ability

The capacity to design, write, test, and debug/troubleshoot computer code in order to create computer applications, websites, or systems.

Margin of Error

The maximum amount by which the results from a sample are expected to differ from the true population parameters.