Indicate Where the Transaction of Issuing Ordinary Shares for Cash

question 49

Multiple Choice

Indicate where the transaction of issuing ordinary shares for cash would appear, if at all, on the indirect statement of cash flows.

• A) Operating activities section
• B) Investing activities section
• C) Financing activities section
• D) Does not represent a cash flow

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Definitions:

Embezzlement

The act of wrongfully taking property entrusted into one’s care.

Extortion

The practice of obtaining something, especially money, through force or threats.

Burglary

The break-in of a dwelling or building for the purpose of carrying out a felony.

Robbery

The act of taking personal property from the possession of another against that person’s will and under threat to do great bodily harm or damage.