Many small businesses choose to outsource their payroll activities to firms that specialize in providing payroll services. Dolores Yu operates a payroll processing business in Calabasas, California. When she sends bills out to her clients, her work is part of her firm's

The SOCF classifies cash receipts and cash payments by these activities:

a. operating and non-operating b. operating, investing, financing c. financing, operating and non-operating d. investing, financing, non-operating

Latin American reforms show a broad shift away from the policy of protectionism toward recognition of the benefits of participating fully in the global economy

Indicate whether the statement is true or false