Which of the Following Statements Concerning the Statement of Cash

question 122

Multiple Choice

Which of the following statements concerning the statement of cash flows is true?

• A) When pension expense exceeds cash funding, the difference is deducted from investing activities on the statement of cash flows.
• B) IFRS requires companies to classify all income taxes paid as operating cash outflows.
• C) Companies may report the cash flows from purchases and sales of trading investments as cash flows from operating activities.
• D) Under IFRS, the purchase of land by issuing common shares will be shown as a cash outflow under investing activities and a cash inflow under financing activities.

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Definitions:

Quality Standards

Preset criteria that outline the expectations for products or services to ensure they meet customer needs and regulatory requirements.

Person Analysis

An element of training needs assessment that evaluates individual employees’ performance to determine who needs training and what kind of training is needed.

Learning Management System

A software application or web-based technology used to plan, implement, and assess a specific learning process, typically used for educational courses or training programs.

Human Resource Department

The human resource department is responsible for managing employee-related processes in an organization, including recruitment, training, and benefits administration.