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Match the Term with Its Definition

Question 113

Multiple Choice

Match the term with its definition.
-Operating, investing, and financing activities that result in cash inflows or outflows


A) accrued expenses
B) cash flow activities
C) cost of goods sold
D) gross profits
E) long-term debt
F) long-term note
G) net profits
H) operating profits
I) profit margins
J) profits before taxes (taxable income)
K) short-term notes
L) statement of cash flows

Correct Answer:

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