Assume the Indirect Method Is Used to Compute Net Cash

question 7

Multiple Choice

Assume the indirect method is used to compute net cash flows from operating activities.For this item extracted from the financial statements-Interest Expense (assume that cash payments are equal to amount reported) -indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:

• A)Add to net income to arrive at net cash flows from operating activities.
• B)Subtract from net income to arrive at net cash flows from operating activities.
• C)Not used to adjust net income to calculate net cash flows from operating activities.

Describe electronic communication methods and their application in business contexts.

Understand the concept and examples of communication networks within organizations.

Distinguish between different directions of communication flow in organizations and their implications.

Recognize the importance of sharing information in organizational performance and morale.

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Definitions:

Behavioral Observation

Method for assessing the frequency of a client’s behaviors and the specific situations in which they occur.

Projective Test

Presentation of an ambiguous stimulus, such as an inkblot, to a client, who then projects unconscious motives and issues onto the stimulus in his or her interpretation of its content.

Survey

A method of collecting data from a pre-defined group by asking questions and recording responses, often used in research to gather information on attitudes, opinions, or behaviors.

Symptom Questionnaire

Questionnaire that assesses what symptoms a person is experiencing.