Activities of a firm which require the spending of cash are known as:

A. sources of cash.

B. uses of cash.

C. cash collections.

D. cash receipts.

E. cash on hand.

2. The sources and uses of cash over a stated period of time are reflected on the:

A. income statement.

B. balance sheet.

C. tax reconciliation statement.

D. statement of cash flows.

E. statement of operating position.

3. A common-size income statement is an accounting statement that expresses all of a firm's expenses as

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