cash receipts and cash payments for transactions relating to revenue and expense activities are classified on the statement of cash flows as

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Answer 1

The cash receipts and cash payments for transactions relating to revenue and expense activities are classified on the statement of cash flows as operating activities.

Operating activities has to the with transaction that are involved in the day to day running of a business.

Operating activities involve revenue and expense and it help to analyze a company revenue and expense.

Operating activities is vital during decision making as it enables the company to plan based on the amount of cash receipts from customers and cash payment for direct costs.  

Inconclusion  the cash receipts and cash payments are classified on the statement of cash flows as operating activities.

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Related Questions

*15 POINTS*
PLEASE HELP WITH ALL SOLUTIONS​

Answers

Answer:

i cant see them

Explanation:

Keith works as a construction foreman, and he is viewed as a reliable, competent employee. During the 2007-2009 recession, Keith's employer reduced its workforce and Keith was let go without the expectation of being called back. Which one of the following would most likely provide Keith with benefits?
A) Group life insurance.B) Unemployment insurance.C) Workers' compensation insurance.D) Supplemental unemployment benefits.

Answers

Unemployment insurance is the provision that is most likely to provide Keith with benefits.

The unemployment insurance refers to a federal program which provides cash benefits to eligible workers.

Benefit in this aspect refers to compensation to be given to insured because of the loss he suffered as a result of unemployment.

In conclusion, the Option B is correct because Unemployment insurance is the provision that is most likely to provide Keith with benefits.

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corporations contribute about what share of all giving in the united states?

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There are different firms that do give funds  for use to the government. Corporations contribute about what share of all giving in the United States is only about five percent.

Corporate foundations are often described as company-sponsored foundations. They are known as philanthropic organizations that are made and financially aided by a corporation. It is made as a separate legal entity from the corporation.

Corporate donation are known to be any financial contribution made by a corporation to any organization that helps to boast the contributor's own objectives.

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The confirmation of customers' accounts receivable rarely provides reliable evidence about the completeness assertion because:_______.
a. recipients usually respond only if they disagree with the information on the request.
b. auditors typically select many accounts with low recorded balances to be confirmed.
c. many customers merely sign and return the confirmation without verifying its details.
d. customers may not be inclined to report understatement errors in their accounts.

Answers

Answer:d

Explanation:maybe

What was the benefit of using oil versus tempera paint? a. Oil paint is more flexible and allows artists to make changes easier. B. Oil paint dries faster. C. Oil paint uses egg yolk, which allows for deeper colors. D. All of the above Please select the best answer from the choices provided A B C D.

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The benefit of using oil versus tempera paint is that Oil is more flexible and allows artists to make changes easily.

Oil painting is an act of painting with oil colors. These oil colors contain a pigment that is submerged in drying oils.

Oil colors for artists are created by combining dry powder pigments with chosen refined linseed oil to form a thick paste.

Tempera paint is an irreversible, rapid drying painting media made up of colored pigments blended with a water-soluble binder media, a typically glutinous substance like egg yolk.

Tempera paint is popular in classrooms and may be spread with a brush.

A stricken benefit of Oil paint over tempera paint is that Oil is more flexible and allows artists to make changes easily.

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Answer:

A. Oil paint is more flexible and allows artists to make changes easier.

Explanation:

E2020

Which among the 4 common errors that leads to unbalanced account is the EASIEST to resolve. Explain Why.

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The common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication.

In accounting, there are different type of error that could result to the unbalanced account, that is, leaving the Trial balance or Balance sheet unbalanced.

Generally, the recognized type of errors in accounting includes:

Error of Original EntryError of DuplicationError of OmissionError of Entry ReversalError of Principle Error of CommissionTransposition ErrorsRounding Errors etc

In conclusion, the common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication because they are easy to correct.

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Brie has a really busy day. She has several tasks to do and she needs to get them all done by the end of the day. She’s worried that she won’t be able to complete them all. Which of the following actions should her get each task done?
A. NOT LOOK AT THE CLOCK
B. SAVE SOME TASK FOR TOMMOROW
C. SPEND TIME REORGANIZING HER "TO DO" LIST
D. IMPOSE A TIME LIMT ON EACH TASK

Answers

Answer : C

Explanation:

Brie has a really busy day. She has several tasks to do and she needs to get them all done by the end of the day. The following actions should her get each task done spend time reorganizing her "To Do List."

What is "TO DO LIST?

A to-do list is simply a list of tasks that need to be completed. In other words, pretty much anything and everything can be on your to-do list. However, just because you've written your tasks down doesn't mean they'll actually be done. You can prioritize your tasks and produce excellent work by keeping track of when they are due.

It is a list of things you need to get done or desire to do. They are usually arranged according to priority. They serve as a memory aid and are typically written on paper or post-it notes.

Further that TO DO LIST  have to complete is one of the core time management tools. It places all of your tasks in one location. From there, you can order them by importance and focus on the most crucial ones first.

Therefore brain is not the most effective memory tool and only relies on methods that it is certain will work.

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________ strategy involves the types of decisions made and direction created for a company that operates multiple lines of business.

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Corporate strategy involves the types of decisions made and direction created for a company that operates multiple lines of business.

3. Which is the correct order for making financial decisions? A) put goals in writing, rethink goals if necessary, have a plan of action, set specific goals. B) Be realistic about goals, put goals in writing, implement goals, have specific goals. C) Set up specific goals, put goals in writing , have a plan of action, rethink goals if necessary. D) have a plan of action, set specific goals if necessary

Answers

Answer:

B

Explanation:

Setting up realistic goals is key to saving money. Why would you want to save for a car when you are 12? You would rather save to get a new tablet or toy.

Realistic could also mean achievable why would you set a goal that has a low chance of you reaching such as becoming a millionaire and so on.

Which elements exist in the completed assignment?
Check all that apply.
O a Birthdate field
all grade 12 students with a check mark in the
Active field
a Grade field between the Student Number and Last
Name fields
O an E-mail field
a Clip Art image attached to a customer field

Answers

Answer:

a Birthdate field

a Grade field between the Student Number and Last Name fields

Explanation:

edg 2022

Shawna has added up all her current expenditures and revenues and developed a plan for what she wants to do with all of her cash flow. She has included in this plan some money to put away for her 401k based on what she will need in the future. What is missing from Shawna's actions to make sure this is a sound financial plan?
Group of answer choices

Shawna needs to make sure she revisits this plan on an ongoing basis.

Shawna needs to invest. You can't have a sound financial plan without investing.

Shawna needs to consult with a financial advisor to make sure she has not missed any details.

Shawna should begin speculating on the market to potentially grow her extra income quickly.

Answers

Answer:

Shawna needs to consult with a financial advisor to make sure she has not missed any details.

The correct answer is Shawna needs to consult with a financial advisor to make sure she has not missed any details.

What is financial advisor?A financial consultant is a professional who is paid to offer financial advice to clients. Just as you would hire an engineer to make a plan for your home, you hire an economic advisor to construct a plan for your finances. It's all about paying someone for the expertise you need to reach detailed goals.Having a good connection with a financial consultant will not only set you up financially. They can help make conclusions on major life changes like how greatly maternity leave can you afford to take when having a baby. They can also help maintain you on track financially when life throws you curve proms such as redundancy.

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A method of cost assignment where a cost can be associated to the particular cost object in an economically feasible way is called ________.

Answers

Answer:

indirect costs

Explanation:

costs related to a particular cost object that cannot be traced to that cost object in an economically feasible way. cost assignment. general term for assigning costs, whether indirect or direct.

I hope it helps.

Which of the following best describes the law of demand?.

Answers

Answer:

theres no options

Explanation:

operations are able to respond quickly to customers and changes in the environment in a decentralized organization because ______.

Answers

It should be noted that operations are able to respond quickly to customers in a decentralized organization because there are fewer managers that must be consulted before a decision is made.

A decentralized organization simply means an organization where the decisions are made by the low-level managers.

Therefore, in this case, operations are able to respond quickly to customers in a decentralized organization because there are fewer managers unlike a centralized organization.

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Which statement explains a reason why the United States relies more heavily on expensive, high-tech medical treatments as compared to European countries

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The main reason why the U.S. relies more on this is because the its health care costs are paid from a mixture of sources which leaves no single source primarily responsible for controlling health care costs.

In Europe, the countries does not rely more heavily on expensive and high-tech medical treatments as United States does.

In conclusion, the main reason why the U.S. relies more on this is because the its health care costs are paid from a mixture of sources which leaves no single source primarily responsible for controlling health care costs.

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Marketing intermediaries add __________ utility to products by having them available when consumers want them.

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Based on business sales strategy, marketing intermediaries add time utility to products by having them available when consumers want them.

This is because the time utility allows the business firms and marketers to make the products available to the consumers whenever they need them.

Time utility is a marketing tool used by the business firms like retails to add value to products and to bridge the gap between the products and consumers.

Hence, in this case, it is concluded that the correct answer is "time utility."

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Which type of credit involves a set limit based on what a consumer pays up front? loans installment credit secured credit cards unsecured credit cards.

Answers

ans: Secured credit cards.

explanation: Secured credit cards refer to credit cards that offer credit secured by a cash deposit from the cardholder. The deposit secures the card issuer from loss in case the cardholder is unable to cover the debt.

tricia, a supervisor, told her employees, "the store will close monday for inventory and all employees are expected to participate." without knowing how tricia communicated her message, we know it was done

Answers

The type of communication is known as downward communication.

Downward communication refers to the flow of instructions, information or messages from a higher level of hierarchy to a lower level of hierarchy in an organization.

Here, the supervisors told her employees that "the store will close monday for inventory and all employees are expected to participate", thus, it is an information from top to down hierarchy.

Therefore, the type of communication is known as downward communication.

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what education do you need for high school

Answers

Answer:

To teach High School, you need a Bachelors degree.

To graduate it, you have to pass English/Language Arts · Mathematics · Science · Social Studies/History · Foreign Languages · Physical Education

You want to make sure your account reflects the spending you’ve actually done, so you pull receipts out of your clothes pockets from the last two weeks and find two for Cool Snacks, one for Club Cafe, one from a sale at Clothing Rack, and an ATM slip for a withdrawal of $30.

Answers

Based on the information given, the items that can be reflected in the account activity but that the person cannot account for include bank charges and transactions involving the use of ATMs.

From the complete information, it should be noted that there are bank charges that are charged by the banks.  In this case, the account may not reflect the spending that has actually been done.

Also, there are taxes that are charged on the goods that the person bought. Therefore, this will be reflected on the account activity and will give rise to a higher value than the amount that the person actually spends.

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What advantage does the American Beverage Association or the American Fuel and Petrochemical Manufacturers have over other types of interest groups

Answers

The advantage that these Interest group have over other types of interest groups is that they are more profit oriented.

Interest group can be defined as Individuals or groups who are organized to influence the government's programs and policies.

Interest group can either be a Political Group, Economic Group or Corporate Group.

American Beverage Association, American Fuel and Petrochemical Manufacturers are example of Economic Group and Corporate Group.

In conclusion, the advantage that these Interest group have over other types of interest groups is that they are more profit oriented.

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HELP PLEASE

Companies create a division of labor among employees in order to:

O A. reduce the opportunity cost for hiring new employees.

O B. make it easier to shift employees between different jobs.

O C. allow each employee to perform one task at a high level.

O D. gain access to more human and physical capital.

Answers

Answer:

D

Explanation:

companies do this so everyone is more proficient with their bodies and their work

The different types of information systems that have been developed to support certain aspects and types of decisions are collectively called _____ systems.

Answers

Answer:

Management Support System

Explanation:

Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.

What is the yearly payment amount?
A.$360
B.$6,360
C.$1,800
D.$18,000

Answers

The answer for this problem is c

Why is term life insurance better than whole life insurance?

Answers

Answer:  Term life is “pure” insurance, whereas whole life adds a cash value component that you can tap during your lifetime. Term coverage only protects you for a limited number of years, while whole life provides lifelong protection—if you can keep up with the premium payments.

Explanation:

fractional reserve lending"" what does this mean.

Answers

Answer:

It means that they lend a loan with a reserve that is less than the amount they lend.

Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 credit balance; and credit sales of $100,000. Based on an aging of its receivable, management estimates that $1,000 of receivables will be uncollectible. Delectable's financial statements will show ______. (Select all that apply.)

Answers

Answer:

Allowance for Doubtful Accounts of $1000 credit balance and Bad Debt Expense of $950 ($1000- 50 (unadjusted))

Explanation:

Delectable, Inc.'s unadjusted trial balance contains $10,000 in accounts receivable, $50 in allowance for doubtful accounts, and $100,000 in credit sales. Management predicts that $1,000 of receivables will be uncollectible due to aging. The financial statements for Delectable will indicate  

Allowance for Doubtful Accounts of $1000 Bad Debt Expense of $950 Thus, option (b) and (e) is correct.

What is Management?

The term “management” refers to the act of managing. The management of the business activities. Management is the basis of art, science, and the profession. Management are they manage the organization. Management are based of the different functions are the step by step.

According to the management credit balance of $1000 and the Allowance for Doubtful Accounts of (1000-50)

Journal Entry                                                               Debit         Credit

Bad Debts expenses                                                  950

Allowance for Doubtful Accounts                                                 950

Therefore, option (b) and  (e) is correct.

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if the entire output of a market is produced by a single seller, the firm

Answers

Answer:

that means the firm is very large

The key characteristics of a monopolistically competitive market structure include:

Answers

Many small (relative to the total market) sellers acting independently.

A monopolistically competitive market is a market structure where there are many producers of similar products but each firm can differentiate their own products.

In a monopolistically competitive market, entry into the markets are low. This means that there are no barriers to entering and exiting the market for sales purposes.

Thus, the monopolistically competitive market is characterized by having many firms, differentiated products and free entry/exit.

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Daffy Duct, Inc. issued 10,000 shares of $1 par value common stock at $5 per share. The effect of this transaction on the accounting equation includes a ______. (Check all that apply.) Multiple select question. $50,000 increase in total assets. $50,000 decrease in total stockholders' equity. $10,000 increase in total assets. $50,000 increase in total liabilities. $10,000 increase in total stockholders' equity. $50,000 increase in total stockholders' equity.

Answers

The effect of this transaction on the accounting equation includes a:

$50,000 increase in total stockholder's equity, $50,000 increase in total assets.

The above means that Daffy Duct received $50,000 cash in exchange for ownership in common stock (10,000 shares at $5 each).  

Asset is what the company owns, while Equity (the difference between assets and liabilities or what it owes to the owners)

In the light of the above ,there is an increase in assets and increase the stockholder's equity.

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