Supplemental Disclosures Required Only When the Statement of Cash Flows

question 32

Multiple Choice

Supplemental disclosures required only when the statement of cash flows is prepared using the indirect method include

• A) a schedule reconciling net income with net cash provided by (used in)operating activities.
• B) amounts paid for interest and taxes.
• C) amounts deducted for depreciation and amortization.
• D) significant noncash investing and financing activities.

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Definitions:

Statistically Significant

A term indicating that the likelihood a result happened by chance is low, often used in research to confirm the reliability of findings.

Variability

The degree to which data points in a statistical distribution or set diverge from the average value and from each other.

Samples

Selected groups or portions of a population used in research to draw conclusions about the overall population based on their characteristics or responses.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points relative to its mean.