When preparing the Statement of Cash Flows, Cash from Customers is determined by starting with Sales, then which of the following is the next step?

		adding an in increase in inventory
		subtracting an increase in accounts receivable
		subtracting a decrease in accounts payable
		adding a decrease in accounts payable

1. When considering the Statement of Cash Flows, Cash Flows from Operations would include all of the following except

   		paying off an account with a supplier
   		paying the light bill
   		cash payments from customers
   		paying a cash dividend to shareholders

1. When it comes to the Statement of Cash Flows, the following is considered an Investing Activity

   		paying a dividend to stockholders
   		buying inventory
   		purchasing a new machine for the assembly line
   		purchasing treasury stock

1. The Sarbanes-Oxley act of 2002 requires management to offer an opinion on the fairness of the financial statements each year.

   True

   False