The GASB Statement of Cash Flows Is Different from That

question 27

Multiple Choice

The GASB statement of cash flows is different from that required in the private sector in which of these ways?

• A)It excludes permanently restricted cash flows
• B)It excludes investing cash flows
• C)It requires reporting operating cash flows using the direct method
• D)It is not required unless the reporting entity issues debt.

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Definitions:

Deter Criminals

Deter criminals involves implementing strategies and laws aimed at discouraging unlawful behavior by increasing the risk of detection, punishment, or both.

Crime Rate

The ratio or percentage of crimes committed in a specified area or population over a given period.

Prison

An institution designed to confine and rehabilitate individuals convicted of crimes.

Popular Opinion

The aggregate of individual attitudes or beliefs held by the adult population or a subset of it.