12. What is a method used in compiling a Cash Flow Statement? A) flexible cost method B) total cost method C) variable cost method D) indirect method 13. Which of the following is not a category of Net Assets? A) Restricted Net Assets B) Unrestricted Net Assets C) Estimated Net Assets D) Temporarily Restricted Net Assets 14. Assets valued as Level 1 assets are valued by: A) Active markets. B) Non-active markets. C) Appropriate measurements. D) Intuition. 15. The assumption that the organization in not going to liquidate in the foreseeable future is: A) Accounting period. B) Non-active markets. C) Unit-of-measure D) Going concern 16. The balance scorecard includes the following performance measures except for: A) Customer/Client B) Learning and Growth C) Unit-of-measure D) Internal Business Processes 17. Variable costs include a relation to an): A) fixed expense B) activity base C) fringe benefits D) income taxes 18. Cost assumptions include: A) fixed costs will not change B) sales mix will change C) cost factors remain stable D) variable costs will behave as expected