The Payment of Interest Is Considered to Be

question 83

Multiple Choice

The payment of interest is considered to be

• A) an outflow of cash that results from a financing activity.
• B) an outflow of cash that results from an investing activity.
• C) an outflow of cash that results from an operating activity.
• D) an activity that is not reported on the statement of cash flows.

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Definitions:

CTRL+SHIFT+N

A keyboard shortcut commonly used to create a new document or initiate a new action in software applications.

Workbook

A file containing one or more spreadsheets, used in software applications like Microsoft Excel for organizing data.

Excel

A spreadsheet program developed by Microsoft, used for calculating, analyzing, and visualizing data.

Drive Letter

An alphabetic character assigned to a physical or logical disk drive in operating systems like Windows, facilitating file system navigation and access.