In determining cash flows from operations under the indirect method, the adjustments to convert net income to cash flow from operations generally involve _____ the amount by which an expense exceeds the related cash expenditure for the period (for depreciation, the entire amount)
a. subtracting
b. multiplying
c. adding
d. dividing
e. cannot be determined from the information provided
C
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Which of the following statements about business-value-added activities (BVAs) is true?
a. BVAs reflect the same processes in all organizations. b. A process map will not reflect BVAs because such activities are not essential to process performance. c. BVAs are actually value-added activities of an organization that relate to administrative processes. d. It is impossible to eliminate all BVAs in an organization.
In the statement of cash flows, the sale of plant, property and equipment would be a(n):
a. investing cash outflow. b. financing cash inflow. c. financing cash outflow. d. investing cash inflow.
There are two types of commercial paper: express and implied
a. True b. False Indicate whether the statement is true or false
____ is the prevention of unauthorized access to the database
a. Data independence b. Integrity constraint c. Redundancy d. Security