Which of the Following Statements About Financing Activities Is Not

question 60

Multiple Choice

Which of the following statements about financing activities is not correct?

• A)Cash dividends paid to a company's stockholders are reported as cash outflows from financing activities.
• B)When a company issues stock for cash,it reports a cash inflow from financing activities.
• C)When a company repurchases stock with cash,it reports a cash outflow for financing activities.
• D)When a company repays a loan,it reports a cash inflow from financing activities.

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Definitions:

Farm Products

Goods that are produced through farming activities, including crops, livestock, and dairy products.

Food-Stamp Program

A government assistance program designed to help low-income households purchase food by providing them with food stamps or electronic benefits.

Farm Products

Goods produced through agricultural activities, including crops, livestock, and other items derived from farming.

Freedom To Farm Act

A law passed in 1996 that revamped 60 years of U.S. farm policy by ending price supports and acreage allotments for wheat, corn, barley, oats, sorghum, rye, cotton, and rice.