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Ede4ka [16]
3 years ago
13

The direct method for preparing and reporting the statement of cash flows reports net income and then adjusts it for items neces

sary to calculate net cash provided or used by operating activities.
Business
1 answer:
puteri [66]3 years ago
6 0

Answer: False

Explanation: The method described in the given statement is indirect method of preparing operating activities section in a cash flow statement.

   In case of direct method, the actual cash transactions involving inflow and outflow of cash is recorded to compute operating activities.

Thus, we can conclude that the given statement is false.

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Financial statements can be prepared _____. (select all that apply.) multiple select question.
marysya [2.9K]

Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.

<h3>What is financial statement?</h3>

Financial statement help to summarize the financial position of a business and it as well help to show  the day to day transaction of a company or day to day activities of a business at a particular period of time.

Financial statement of a company can be prepared more that once in a year and financial statement may tend to have fiscal year end that is other than last month of the year which is 31st December.

Therefore Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.

Learn more about financial statement here:brainly.com/question/21307159

#SPJ1

The complete question is:

Financial statements ______. (Select all that apply.)

a. must have a calendar year end of December 31

b. may be prepared more than once a year

c. may have a fiscal year end other than December 31

d. are prepared just once a year

8 0
2 years ago
An organization with customer-focused design with the inverted organization structure puts the empowered front-line workers at t
Aleonysh [2.5K]

Answer:

tellers at JP Morgan Chase branches.

Explanation:

The organization i.e. customer focused along with it, it is inverted organization that empowered the front line workers at the upper level of the pyramid so this organization form represent the example of the tellers at the branches of JP Morgan chase where the same thing happen

So the same is to be considered

3 0
3 years ago
Which of these terms means "limited resource"?
Tpy6a [65]
The correct answer among the choices listed is the second option. Scarcity is the term that would mean "limited resource". It is the state of having shortage or small amount of supply with a high value of demand. Hope this helps.
3 0
4 years ago
Read 2 more answers
Which of the following terms best represents voluntary actions that violate significant organizational norms and, in doing so, t
Oksi-84 [34.3K]

Answer:

The correct answer is (B)

Explanation:

Deviant workplace behaviour is a voluntary action of the employees that negatively affects the organisational structure and operations. It is a counterproductive behaviour in which employees do not put all the efforts into work and sometimes even withdraw. It goes against the legitimate interest and well-being of an organisation. It also affects other employees, firms and clients.

6 0
4 years ago
Which of the following are pros and/or cons of using a market system to produce and distribute health care?
irakobra [83]

Answer:

<em>options B, D</em>

Explanation:

When a market system is used to determine what healthcare products to produce and distribute <em>we expect;</em>

<em>1. that these medical devices and services from the suppliers  would be  given only to those who are willing and able to pay for them. and</em>

<em />

<em>2. Since the buyers have a say what healthcare services and products they need hospitals and doctors would at least to satisfy the tastes of buyers.</em>

<em />

3 0
4 years ago
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