Which of the Following Statements Are Correct

question 60

Multiple Choice

Which of the following statements are correct?
I. A company's choice of accounting principles for financial reporting purposes does not affect net cash flow for the accounting period
II. A company's choice of accounting principles for financial reporting purposes does not affect operating cash flow
III. If a company sells its receivables this will increase operating cash flow
IV. If a company sells its receivables this will increase financing cash flow

• A) I and III
• B) I, II and III
• C) II and IV
• D) I and IV

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Definitions:

Internal And External Stimulation

Refers to inputs from within an individual's body (internal) and from the external environment (external) that can influence feelings, thoughts, and behaviors.

Infant's State

Describes the varying levels of alertness and responsiveness exhibited by infants, including states of sleep, wakefulness, and distress.

Peripheral Slowing Hypothesis

A theory proposing that the aging process is accompanied by a gradual slowing of processing speed in the peripheral nervous system, affecting reaction times and sensorimotor skills.

Reaction Time

The amount of time it takes to respond to a stimulus, often used as an indicator of sensory and neural processing speed.