Indicate Where the Purchase of Land for Cash Would Appear

question 151

Multiple Choice

Indicate where the purchase of land 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:

Self-service Approach

A business model that enables customers to access services and perform tasks without direct assistance from staff.

Narrow, Deep Assortment

Strategy that involves stocking a lot of different items within a single product category.

Quick Response

A strategy or system aimed at increasing efficiency and reducing response times, often used in supply chain management and manufacturing.

Just-in-time Delivery

A supply chain management strategy aimed at reducing inventory costs by receiving goods only as they are needed in the production process.