When an Annual Statement of Cash Flows Is Prepared the Sum

question 28

Multiple Choice

When an annual statement of cash flows is prepared the sum of the three major components,operating activities,investing activities and financing activities,add up to:

• A)The ending cash at bank account balance
• B)Profit for the period
• C)The ending working capital
• D)The change in the cash at bank account balance over the year

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Definitions:

Self-serve

A service model that enables customers to perform services themselves without the need for direct service employee interaction.

Marketing Concern

Issues or areas of interest specific to the marketing field, such as customer satisfaction, brand perception, or market segmentation.

Equipment-based Services

Services that primarily rely on machinery and equipment to deliver value to customers, such as laundry or car rental services.

Intangibility

A characteristic of services that implies they cannot be seen, touched, or made tangible in the same manner as physical products.