Business Activities That Generate or Use Cash Are Classified as Operating

question 200

True/False

Business activities that generate or use cash are classified as operating, investing, or financing activities on the statement of cash flows.

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Definitions:

Binet-Simon Scale

An early psychological test designed to evaluate intelligence by measuring various cognitive abilities, including memory, attention, and problem-solving skills.

Chronological Age

Refers to the actual age of a person as measured in years from the date of their birth to the current date.

Chronological Age (CA)

A person’s age.

Mental Age (MA)

The accumulated months of credit that a person earns on the Stanford–Binet Intelligence Scale.