Question
1.)Who is responsible for the fair presentation of the financial statements and the integrity of the system of internal controls? A. The independent registered accounting
1.)Who is responsible for the fair presentation of the financial statements and the integrity of the system of internal controls?
A. The independent registered accounting firm
B. The CEO and CFO
C. Management of the company
D. The Board of Directors
2.)Which of the following is NOT included in the cash flow profile?
A. Cash received from customers
B. Cash paid for inventory purchases
C. Free cash flows
D. cash used to pay dividends
3.) Which of the following is a squeeze in the cash flow profile
A. other cash flows
B. cash margin
C. other operating cash flows
D. other investing cash flows
4.) Which of the following is generally prepared using the indirect method:
A. financing activities section of the statement of cash flows
B. the investing section of the statement of cash flows
C. the operating section of the statement of cash flows
D. the non-operating section of the statement of comprehensive income
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