Which of the Following Transactions Does Not Result in Either

question 51

Multiple Choice

Which of the following transactions does not result in either a cash inflow or a cash outflow?

• A)A company purchased some of its own stock from a stockholder.
• B)Amortization of a patent.
• C)Payment of a cash dividend.
• D)Sale of equipment at book value.

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Definitions:

European Countries

Nations located on the European continent, characterized by diverse cultures, languages, and historical backgrounds, and many of which are members of the European Union.

Gays and Lesbians

Denotes individuals who identify as homosexual, meaning they are emotionally, romantically, or sexually attracted to people of the same gender.

Federal Employees

Are workers employed by the federal government of a country, often in various branches including civil service, military, and postal service.

Disloyal

Referring to a lack of loyalty or faithfulness, especially to a country, government, or cause.