The Appropriate Section in the Statement of Cash Flows for Reporting

question 138

Multiple Choice

The appropriate section in the statement of cash flows for reporting the purchase of equipment for cash is:

• A)Operating activities.
• B)Financing activities.
• C)Investing activities.
• D)Schedule of noncash investing or financing activity.
• E)None of these as this is not reported on the statement of cash flows.

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Definitions:

Atrial Depolarization

The excitement and contraction caused by the SA node at the beginning of the cardiac cycle.

Cardiology

The branch of medicine dealing with disorders of the heart as well as parts of the circulatory system.

Cardiac Cycle

The sequence of events that occur in the heart during one complete heartbeat, including contraction (systole) and relaxation (diastole) phases.

Atrial Depolarization

The electrical activation of the atria of the heart, typically represented by the P wave in an electrocardiogram (ECG).