In Business Messages,using Terms Such as "If," "Hope," and "Trust

question 43

Multiple Choice

In business messages,using terms such as "if," "hope," and "trust" is

• A)usually a bad idea since it takes away from the writer's credibility.
• B)a good way to show your modesty.
• C)common courtesy.
• D)acceptable for very formal contexts.
• E)a way to display a "you" attitude.

Apply the direct and indirect methods for reporting operating cash flows.

Analyze and compute net cash inflows and outflows from various activities.

Identify cash and cash equivalents and understand their roles in the cash flow statement.

Understand the effects of changes in assets and liabilities on cash flows.