Which financial statement illustrates how the company's operating, investing, and financing activities have affected cash over a specified period of time?
A) Balance sheet
B) Statement of financial position
C) Statement of cash flows
D) Income statement.
E) Profit and loss statement
Question 2
The managers at a large soft-drink company prefer that employees be grouped with others doing the same activity, as this simplifies supervision. However, they are concerned that this slows decision making and may cause employees to emphasize the needs of their own departments. They are most likely departmentalized by:
A) function.
B) customer.
C) product.
D) specialty.
E) location.
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