The "Bottom Line" in a Statement of Cash Flows Shows

question 171

Multiple Choice

The "bottom line" in a statement of cash flows shows:

• A) The cash (including cash equivalents) on the statement of financial position at the end of the period.
• B) Net increase or decrease in cash during the period.
• C) Profit for the year, computed by the cash basis of accounting.
• D) Net cash from operating activities.

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Definitions:

ExampleRecursion

A method in programming where a function is used to call itself, either directly or indirectly, to address a problem by dividing it into more manageable, smaller issues.

Infinite Recursion

A condition where a function calls itself indefinitely without a breaking condition, leading to a stack overflow error.

Abnormal Termination

The unexpected interruption of a program's execution due to errors like runtime exceptions, resulting in the program ending abruptly.

Base Case

In recursion, the condition under which the recursive process ends, preventing infinite recursion.