The primary purpose of the statement of cash flows is to provide information
A. about a company's investing and financing activities during an accounting period.
B. regarding a company's financial position at the end of an accounting period.
C. about a company's cash receipts and cash payments during an accounting period.
D. regarding the results of operations for a period of time.
Answer: C. about a company's cash receipts and cash payments during an accounting period.
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Which of the following is true of the FDIC?
a. It controls the operations of all commercial banks in the U.S. b. It exists only in the countries of North America and Europe. c. It covers depositors against losses up to $500,000 in a bank account. d. It is a federal agency that insures bank deposits in commercial banks. e. It is a financial institution that uses cost-plus pricing.
Researchers have found that family income of obese women is about 17 percent lower than that of women who are of the recommended weight. If researchers were able to demonstrate that there is no difference in the productivity of women who are obese and women who are of the recommended weight, this would suggest that the difference in income:
A. is due to differences in worker productivity. B. is a mistake in the survey. C. cannot be explained by discrimination. D. is the result of discrimination.