All of the Following Statements Related to Preparation of the Statement

question 100

Multiple Choice

All of the following statements related to preparation of the statement of cash flows are true except:

• A)A company may report cash flows from operating activities using either the direct or indirect method.
• B)Interest expense may be reported under operating or financing based on which one results in better cash flows.
• C)Cash dividends paid to shareholders are classified as a financing activity.
• D)Purchase of an intangible asset is classified as an investing activity.
• E)Repaying the principal of notes payable is classified as a financing activity.

Recognize broadcast mediums and their applications.

Comprehend the basic functions and the structure of the TCP/IP protocol.

Distinguish between different network models such as client/server and peer-to-peer.

Identify the layers of TCP/IP and their functions.

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Definitions:

Admittance

Refers to the permission granted for entry into a system or location, or in electrical engineering, it’s the measure of how easily an alternating current flows through a conductor.

Partnership

A legal arrangement between two or more parties who agree to do business together and share its profits and losses.