The direct method ________.
ANSWER
INCORRECT
·
is a comparison of two fiscal periods, usually highlighting the changes in each account
·
YOU WERE SURE AND INCORRECT
is a method of presenting the cash flows from operating activities that begins with the company’s net income, which is prepared on an accrual basis, and then reconciles it back to the cash basis through a series of adjustments
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THE CORRECT ANSWER
is a method of presenting cash flows from operating activities that separately lists the receipt and payment of cash for specific operating activities
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represents the amount of excess cash a business generates after taking into consideration the capital expenditures necessary to maintain its business
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I DON'T KNOW YET
The direct method is a method of presenting cash flows from operating activities that separately lists the receipt and payment of cash for specific operating activities. The other answers are not correct.
A comparative balance sheet is a balance sheet that presents (i.e. compares) two fiscal periods, usually highlighting the changes in each account.
Free cash flow represents the amount of excess cash a business generates after taking into consideration the capital expenditures necessary to maintain its business.
The indirect method is a method of presenting the cash flows from operating activities that begins with the company’s net income, which is prepared on an accrual basis, and then reconciles it back to the cash basis through a series of adjustments.
The free cash flow ________.
ANSWER
INCORRECT
·
YOU WERE SURE AND INCORRECT
is a method of presenting the cash flows from operating activities that begins with the company’s net income, which is prepared on an accrual basis, and then reconciles it back to the cash basis through a series of adjustments
·
is the comparison of two fiscal periods, usually highlighting the changes in each account
·
THE CORRECT ANSWER
represents the amount of excess cash a business generates after taking into consideration the capital expenditures necessary to maintain its business
·
is the original cost of a plant or equipment asset less its accumulated depreciation
·
I DON'T KNOW YET
Free cash flow represents the amount of excess cash a business generates after taking into consideration the capital expenditures necessary to maintain its business. The other answers are not correct.
A comparative balance sheet is a balance sheet that presents (i.e. compares) two fiscal periods, usually highlighting the changes in each account.
Net book value is the original cost of plant or equipment less its accumulated depreciation.
The indirect method is a method of presenting the cash flows from operating activities that begins with the company’s net income, which is prepared on an accrual basis, and then reconciles it back to the cash basis through a series of adjustments.
Net book value ________.
ANSWER
INCORRECT
·
is the comparison of two fiscal periods, usually highlighting the changes in each account
·
is a method of presenting the cash flows from operating activities that begins with the company’s net income, which is prepared on an accrual basis, and then reconciles it back to the cash basis through a series of adjustments
·
THE CORRECT ANSWER
is the original cost of a plant or equipment asset less its accumulated depreciation
·
YOU WERE SURE AND INCORRECT
represents the amount of excess cash a business generates after taking into consideration the capital expenditures necessary to maintain its business
·
I DON'T KNOW YET
Net book value is the original cost of a plant or equipment asset less its accumulated depreciation. The other answers are not correct.
Free cash flow represents the amount of excess cash a business generates after taking into consideration the capital expenditures necessary to maintain its business.
A comparative balance sheet is a balance sheet that presents (i.e. compares) two fiscal periods, usually highlighting the changes in each account.
The indirect method is a method of presenting the cash flows from operating activities that begins with the company’s net income, which is prepared on an accrual basis, and then reconciles it back to the cash basis through a series of adjustments.
Which of the following is the comparison of two fiscal periods, usually highlighting the changes in each account?
ANSWER
INCORRECT
·
Net book value
·
THE CORRECT ANSWER
A comparative balance sheet
·
YOU WERE SURE AND INCORRECT
Free cash flow
·
The indirect method
·
I DON'T KNOW YET
A comparative balance sheet is a balance sheet that presents (i.e. compares) two fiscal periods, usually highlighting the changes in each account. The other answers are not correct.
Net book value is the original cost of plant or equipment less its accumulated depreciation.
Free cash flow represents the amount of excess cash a business generates after taking into consideration the capital expenditures necessary to maintain its business.
The indirect method is a method of presenting the cash flows from operating activities that begins with the company’s net income, which is prepared on an accrual basis, and then reconciles it back to the cash basis through a series of adjustments.
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