Which of the following is not an activity reported in the cash flows financial statement? Which of the following is not an expense of a business? Which of the following is not considered to be a liability? Which of the following is not one of Porter's five forces? Which of the following would not appear as a liability on the balance sheet? Which of the following would not inhibit new entrants into a market? Which of these is not an intangible asset? Which SEC form may be the best place to start learning about the economics of an industry and the particular strategy a firm has selected for competing in the industry? Which two organizations are working together to harmonize financial reporting worldwide? Why is the operating activities section of the statement of cash flows often believed to be the most important part of the statement?

1. Which of the following is not an activity reported in the cash flows financial statement?

manufacturing

2. Which of the following is not an expense of a business?

Dividends

3. Which of the following is not considered to be a liability?

cost of goods sold.

4. Which of the following is not one of Porter's five forces?

Threat of Regulation

5. Which of the following would not appear as a liability on the balance sheet?

a labor contract

6. Which of the following would not inhibit new entrants into a market?

Lack of rivalry among current participants.

7. Which of these is not an intangible asset?

equipment

8. Which SEC form may be the best place to start learning about the economics of an industry and the particular strategy a firm has selected for competing in the industry?

Form 10-K

9. Which two organizations are working together to harmonize financial reporting
   worldwide?

FASB and IASB

10. Why is the operating activities section of the statement of cash flows often believed to be the most important part of the statement?

Because it indicates a company's ability to generate cash from sales to meet current cash payments for goods or services