All of the Following Line Items Are Found on the Statement

question 173

Multiple Choice

All of the following line items are found on the statement of cash flows EXCEPT for:

• A)net cash used in investing activities.
• B)net cash provided in operating activities.
• C)net cash used in financing activities.
• D)total stockholders' equity.

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Definitions:

Law

Rules devised and applied by institutions of society or the government to modulate behavior.

Legally Sufficient Value

An acceptable form or measure of value that must be provided in a contract to make it binding and enforceable under law.

Consideration

Something of value (such as money, goods, services, or promised actions) that is exchanged between parties in a contractual agreement.

Adequacy

Adequacy refers to the suitability of something to meet the needs in its context or the sufficiency in quantity or quality to fulfill a specific requirement.