Listed Below Are Six Terms Followed by a List of Phrases

question 103

Multiple Choice

Listed below are six terms followed by a list of phrases that describe or characterize the terms.Match each phrase with the best term by placing the letter designating the term in the space provided.
-____ Sell office building.

• A)Cash inflow from operating activities
• B)Cash outflow from financing activities
• C)Cash outflow from operating activities
• D)Cash inflow from investing activities
• E)Cash inflow from financing activities
• F)Cash outflow from investing activities

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Definitions:

Health Insurance

Insurance covering the costs of medical and surgical procedures, medications, and sometimes dental expenses for the insured, functioning similarly to healthcare insurance.

Employer

An individual or organization that hires workers to perform services in exchange for compensation.

Taxable

Refers to income or transactions subject to taxation by governmental authorities.

Tax Deductible

Expenses that can be subtracted from gross income to reduce taxable income.