Which Statement Is not Correct

question 38

Multiple Choice

Which statement is not correct?

• A)Information in the cash flow statement is useful in assessing the ability of an entity to pay its debts as they fall due
• B)A comparison of the cash flow statement and the income statement can indicate to what extent the profit is represented by cash inflows
• C)The cash flow statement classifies cash flows into operating investing and financing groupings
• D)Operating activities is concerned with activities involving the sales and purchases of fixed assets.

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Definitions:

Ohio State Studies

A series of studies that identified two critical dimensions of leadership behavior: consideration (focus on welfare of subordinates) and initiating structure (organizing work tasks and roles).

Initiating Structure

A leadership behavior that involves setting clear goals, defining role expectations, and establishing well-defined patterns of organization and communication within a group.

Consideration

The regard for or consideration of the needs, feelings, beliefs, or wishes of others.

Narcissism

A psychological condition characterized by self-centeredness, a high need for admiration, and a lack of empathy for others.