The first section of the statement of cash flows derives cash flow from _____ activities. The _____ method reports the amounts of cash received from customers less cash disbursed to suppliers, employees, lenders, and taxing authorities

a. operating; direct
b. operating; indirect
c. investing; direct
d. investing; indirect
e. financing: direct


A

Business

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The left or debit side of a liability account is used to record_____________

Fill in the blank(s) with correct word

Business

Failure to record the supplies used during the year would result in which of the following?

a. Net income being understated b. An overstatement of liabilities c. Stockholders' equity being overstated d. Total assets being understated

Business

Will preparation, bankruptcy, and uncontested divorces are examples of ______.

A. customized services B. standard services C. batch services D. continuous services

Business

The plan called for the sharing of the word processing tasks ______ the five members of the research team

A) among B) between

Business