The Statement of Cash Flows Reports All of the Following

question 103

Multiple Choice

The statement of cash flows reports all of the following except:

• A) Cash flows from operating activities.
• B) Cash flows from investing activities.
• C) Cash flows from financing activities.
• D) The net increase or decrease in assets for the period reported.
• E) The net increase or decrease in cash for the period reported.

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Definitions:

Contractual Acts

The actions or deeds performed under the terms of a contract or agreement between parties.

Statute of Frauds

A rule of law stipulating that certain categories of agreements must be documented and signed to be legally binding.

Verbal Agreement

An oral contract in which the terms are agreed upon by spoken communication rather than written, yet is legally binding.

Retaining Walls

Structures designed to restrain soil to unnatural slopes, preventing erosion and providing support.