When preparing the statement of cash flows using the indirect method, the payment of dividends would appear as
a. a decrease in the operating activities section
b. an increase in the operating activities section
c. a use of cash in the financing activities section
d. a source of cash in the financing activities section
C
Business
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Which of the following situations involves a deferral?
a. Recording accrued interest b. Recording depreciation c. Recording unrecorded wages d. Recording unrecorded revenue
Business
A higher home insurance cost may result from:
A) a low crime rate in the area of insured's residence. B) low credit scores of the insured. C) fewer insurance claims from the area of insured's residence. D) the lack of a swimming pool at the insured's residence. E) fewer captive insurance agents hired by the insurance company.
Business