Both FASB and IASB Require the Cash Flow Statement to Be

question 109

True/False

Both FASB and IASB require the cash flow statement to be organized in three categories,operating activities,investing activities,and financing activities.

---

Definitions:

Coerced

The act of compelling or forcing someone to act in a certain way by use of pressure or threats.

Internal Attributions

The process of assigning the cause of behavior to personal aspects such as traits, abilities, or feelings.

External Attributions

The process of attributing the cause of behavior to something outside the individual.

Usual

Usual refers to what is common, customary, or typically occurs in a given context, frequently encountered or expected based on past experiences or norms.