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Cash inflows and outflows related to the company's primary business are categorized as cash flows from:


A) Investing activities
B) Financing activities
C) Sales activities
D) Operating activities

E) A) and B)
F) C) and D)

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Income tax reports in QuickBooks include all of the following except:


A) Income Tax Preparation report
B) Income Tax Detail report
C) Income Tax Summary report
D) Income Tax Mapping report

E) A) and B)
F) A) and C)

Correct Answer

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Which one of the following classifications is found on the Statement of Cash Flows?


A) Cash Flows from Operating Activities
B) Cash Flows from Purchasing Activities
C) Cash Flows from Owner's Activities
D) Cash Flows from Selling Activities

E) B) and D)
F) A) and B)

Correct Answer

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