Which of the Following Transactions Would Not Be Reported Within

question 65

Multiple Choice

Which of the following transactions would not be reported within the investing section of the cash flow statement?

• A)The cash sale of land at a gain.
• B)The purchase of a building for cash.
• C)The purchase of a stock investment for cash.
• D)The cash receipt of a dividend from a stock investment.

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Definitions:

President

The chief executive officer of a corporation, country, or other organization, typically responsible for the management and leadership of the organization.

Commissioners

Individuals appointed to a commission, which is a governing body or group tasked with making decisions or overseeing a particular area of public concern.

Fair Debt Collection Practices Act

A federal law that limits the behavior and actions of third-party debt collectors attempting to collect debts on behalf of another person or entity.

Debt Collector

An individual or company that collects debts owed by consumers, often on behalf of a creditor.