Which of the following statements regarding the statement of cash flows is true?
A) The statement of cash flows analyzes the change in cash.
B) The statement of cash flows is organized to present classifications for total cash inflows and not cash outflows.
C) The statement of cash flows analyzes only the changes in current assets and current liabilities.
D) The statement of cash flows is an optional financial statement.
A
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Analysts deciding between investments must consider the comparative risks. Which of the following is/are not economy-wide factors that affect the risk of business firms?
a. increased inflation b. increased interest rates c. unemployment d. recessions e. increased competition
The historical development of the supra-national regional bloc now known as the European Union began with which of the following:
a. European Social Market b. European Common Market c. European Coal and Steel Community d. European Monetary Union
Vanguard Metal Work Co had to reduce staff, so it fired six of its 30 employees. All six were Chinese, the only Chinese employees in the company. The fired workers wish to lay a complaint with the human rights commission
Which statement is correct? A) Each worker must prove an act of discrimination against him to be successful in the complaint. B) The group must prove an act of discrimination against the group as a whole. C) The fact that the only employees fired were also the only Chinese workers in the company can be evidence in itself of discrimination. D) The company has an unrestricted right to fire staff if economic circumstances warrant it. E) The company has so few employees that it would not be a valid situation to claim discrimination
As the text indicates, a firm's financial risk has identifiable market risk and diversifiable risk components.
Answer the following statement true (T) or false (F)