The last task in international financial management is to manage the diversity of international accounting and tax practices

Which of the following is considered a virtual electronic cash card?

A) Memory card B) eBusiness card C) Signature-transporting card D) Answers A and C are correct.

Under the direct method of reporting operating cash flows, a company computes the cash outflows for operating activities by adjusting the various expense accounts for changes in certain liability accounts and deferred revenues, and also eliminates certain "noncash" expenses or losses

Indicate whether the statement is true or false