When an Annual Statement of Cash Flows Is Prepared the Sum

question 31

Multiple Choice

When an annual statement of cash flows is prepared the sum of the three major components, operating activities, investing activities and financing activities, add up to:

• A) the ending working capital.
• B) the change in the cash at bank account balance over the year.
• C) the ending cash at bank account balance.
• D) profit for the period.

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Definitions:

Medial

Situated toward the midline of the body or a structure.

Eyes

The organ of vision in humans and animals, allowing for the perception of light, color, and depth, contributing to the sense of sight.

Ventral Side

The front or belly side of an organism in anatomical positions, opposite to the dorsal side.

Shoulder Blade

Also known as the scapula, it is the bone that connects the humerus (upper arm bone) with the clavicle (collar bone).