Vision Company Purchased Treasury Stock with a Cost of $16,000

question 149

Multiple Choice

Vision Company purchased treasury stock with a cost of $16,000 during 2017. During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $860,000. Cash flows from financing activities for 2017 total

• A) $840,000 net cash inflow.
• B) $856,000 net cash inflow.
• C) $860,000 net cash outflow.
• D) $824,000 net cash inflow.

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Definitions:

16PF

The 16 Personality Factors (16PF) questionnaire is a self-report assessment tool developed by Raymond Cattell to measure the primary traits of human personality in psychological and vocational settings.

Psychic Determinism

The theory that all mental processes are not spontaneous but are determined by the unconscious or pre-existing mental complexes.

Rorschach

A psychological test in which subjects' perceptions of inkblots are recorded and then analyzed using psychological interpretation, complex algorithms, or both, often used to examine a person's personality characteristics and emotional functioning.

MMPI-2

Minnesota Multiphasic Personality Inventory-2, a psychological assessment that evaluates personality traits and psychopathology.