Which one of the following categories on a statement of cash flows is used to report the cash flow effects of buying and selling property, plant, and equipment?
a. Operating Activities
b. Investing Activities
c. Financing Activities
d. Profit Activities
b
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Indicate whether the statement is true or false
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Indicate whether the statement is true or false
Which of the following statements about formal business reports is least accurate?
A) Formal reports are similar to formal proposals in length, organization, and serious tone. B) Formal reports are written for internal audiences only. C) Formal reports present the end product of thorough investigation and analyses. D) Breaking a long formal report into small segments makes it easier to understand.