Use the Following Codes to Indicate How the Cash Flow

question 122

Multiple Choice

Use the following codes to indicate how the cash flow effect, if any, of each transaction or event would be reported on a statement of cash flows if the operating activities section is prepared using the indirect method.
-Recorded depreciation expenses for the year.

• A)Operating activity-add to net income
• B)Operating activity-deduct from net income
• C)Inflow from investing activity
• D)Outflow from investing activity
• E)Inflow from financing activity
• F)Outflow from financing activity
• G)Noncash investing and financing activity
• H)Not reported on statement of cash flows

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Definitions:

Field

An area in a database or a form where a specific piece of data is stored, such as a name or date.

Column

In databases, a column is a vertical arrangement of data in a table, containing information on a specific attribute of the entity recorded.

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A feature in database systems that automatically generates a unique number for each new record or entry, often used as a primary key.

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