The Total of the Cash Flows from Operating,investing,and Financing Activities

question 65

True/False

The total of the cash flows from operating,investing,and financing activities equals the net increase or decrease in cash for the year.

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Definitions:

Legal Responsibility

An obligation under the law to act in a specified way or to carry out certain duties, with potential legal consequences for failure to comply.

Independent Judgment

The ability or act of making a decision or forming an opinion based on one's own reasoning and understanding, without undue influence from others.

Deborah Sampson

A woman who disguised herself as a man to serve in the Continental Army during the American Revolutionary War.

Continental Army

Army authorized by the Continental Congress in 1775 to fight the British; commanded by General George Washington.