The Operational Activity of Assembling Parts Is an Example of a

question 21

Multiple Choice

The operational activity of assembling parts is an example of a

• A)unit-level activity.
• B)batch-level activity.
• C)product-level activity.
• D)facility-level activity.

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Definitions:

Statement of Cash Flows

This document details the combined amount of cash a business gains from its day-to-day operations and outside investments, and the cash it expends on operating and investing activities over a particular period.

Indirect Method

A method of calculating cash flows from operating activities in the cash flow statement by adjusting net income for changes in non-cash accounts.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments not considered cash equivalents.