1. When analyzing the Statement of Cash Flows, what can you conclude when there is a negative cash flow from operations, positive cash flow from investing (sale of fixed assets) and a positive cash flow from financing (borrowing from banks)_____________________________________________________________________________________________________________

2. When analyzing financial statements, besides reviewing data year over year for comparisons, the analyst should also compare the data to_________________________________________

3. How can a business owner with very few employees implement internal controls?
   1. Due to small number of employees it is not feasible.
   2. Rotate job duties among employees.
   3. Hire a CPA to monitor transactions weekly.