1-Which of the following are intellectual property rights granted for inventions that are useful, novel, and nonobvious?

A) patents

B) trademarks

C) copyrights

D) trade secrets

2-A financial statement that shows how cash, as reflected in accrual accounting, flows into and out of a company during a specific period of operation is called the :

A) income statement

B) balance sheet

C) statement of retained earnings

D) statement of cash flows