Allen Company Bought a New Copy Machine to Be Depreciated

question 1

Multiple Choice

Allen Company bought a new copy machine to be depreciated straight line for three years. Where would this purchase be reflected on the Statement of Cash Flows?

• A) It would be an addition to property, plant and equipment, so it would be an investing activity.
• B) It would be an expense on the income statement, so it would be reflected in operating cash flows.
• C) It would be an addition to cash, so would be reflected in the change in cash.
• D) None of the above answers is correct.

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Definitions:

Fear Of Rejection

The apprehension or anxiety a person feels when facing the possibility of being rejected by others.

Antisocial Personality

A personality disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others, often manifesting in criminal behavior.

Personality Disorders

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Anxiety

A mental health condition characterized by feelings of worry, nervousness, or fear that are strong enough to interfere with one's daily activities.