Which one of the followings is not an example of operating expense in income statement? Administrative expense General expenses Sales and marketing expenses Loss on sale of equipment Question 8 All of the following items are shown on the balance sheet of a hospitality company except: Accounts payable Accounts receivable Common Stock Employee training expenses Which one is the correct order for listing current assets in balance sheet? Cash Accounts Recchable Short-tern lnventenents limentories Cash Short-term Investmerits Inverteries Accounits Receivable Cash Short-term Investments Accounits Receivable liventories Cash Inventories Short-term investments Accounts Recelvable Question 10 Balance sheet can answer the following questions except What is the total debt of a company? What is the operation's ability to pay its current debt? How much cash was on hand at the end of the period? How much cash has been provided for employees training expense? Operating activities do not include cash Intows from revenue Inflows from sale of equipment outhows for income taves outflows for wages Question 12 Generally, the most important category on the statement of cash flows is cash flows from operating activities investing activities financing activities significant noncash activities To determine the net cash provided by operating activities, it is necessary to analyze the previous year's income statement a comparative balance sheet the previous year's balance sheet all of the above