Which of the Following Statements About the Statement of Cash

question 117

Multiple Choice

Which of the following statements about the statement of cash flows is correct?

• A)A company with a net loss on the income statement will always have a net cash outflow from operating activities.
• B)A purchase of equipment is classified as a cash inflow from investing activities.
• C)Cash dividends received on stock investments are classified as cash flows from operating activities.
• D)Cash dividends paid are classified as cash flows from operating activities.

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Definitions:

Types of QuickBooks Files

Varieties of file formats and extensions used by QuickBooks software, including company files (.QBW), backup files (.QBB), and accountant's copy files (.QBA), each serving different purposes.

Purpose

The reason for which something is done or created, or for which something exists.

Robust Economic Growth

Strong and sustained increase in the economic activity of a country or region.

Tax Cuts

A reduction in the amount of taxes imposed by a government on individuals or businesses, intended to stimulate economic growth or achieve other economic objectives.