Scenario: Economic Freedom Workshop

question 82

Multiple Choice

Scenario: Economic Freedom Workshop
Members of 50 different countries attend a workshop on economic freedom hosted by an international organization based in Geneva,Switzerland.Attendees of the workshop learn about techniques designed to assist countries in expanding their degree of economic freedom.
-Six attendees at the workshop represent three countries with the highest degree of economic freedom.These attendees are from which of the following countries?

• A)Japan,Brazil,and France
• B)Canada,the United States,and Denmark
• C)Australia,Britain,and the United States
• D)The Netherlands,Sweden,and Britain

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Definitions:

Operating Activity

Tasks and transactions related to the core business functions of an organization, such as selling products or services and manufacturing.

Cash Received

The total amount of cash a company collects from its various sources, including operations, financing, and investing activities, during a period.

Indirect Method

A method of computing the net cash provided by operating activities that starts with net income and adjusts it to a cash basis.

Operating Activities

These are the day-to-day actions that are involved in running a business which affect the cash flow but are not investing or financing activities.