Using the Indirect Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the indirect method. When using the indirect method, where would the payment of cash dividends be shown on the statement of cash flows?

For a dependent to qualify as an exemption, he or she must

A) be married. B) be under age 16. C) be registered in school. D) receive more than one half of his or her support from the taxpayer. E) be a relative.

When selecting media, the entrepreneur should choose the one which will

a. reach the largest number of people. b. be the least expensive. c. reach a large number of people in the target market without spending advertising dollars on those not in the target market. d. reach a small number of people for a reasonable cost.