Under the Direct Method,which of the Following Would Not Be

question 15

Multiple Choice

Under the direct method,which of the following would not be included in the operating section of the cash flow statement?

• A) Cash payments for income taxes
• B) Cash payments to purchase insurance
• C) Cash payments to purchase long-term equipment
• D) Cash receipts from customers

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Definitions:

Variables

Characteristics or properties of an object or event that can take on different values or categories.

Information

Data that has been processed, organized, or structured in a way that provides value or meaning to the recipient.

Units of Measurement

Standardized quantities used to quantify and describe physical properties of objects or events, such as length, mass, or time.

Quantitative

Relates to, measuring, or measured by the quantity of something rather than its quality, usually referring to data or information that can be quantified.