Which of the Following Transactions Does Not Affect Cash During

question 155

Multiple Choice

Which of the following transactions does not affect cash during a period?

• A) Write-off of an uncollectible account
• B) Collection of an accounts receivable
• C) Sale of treasury stock
• D) Exercise of the call option on bonds payable

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Definitions:

Counterfactual Thinking

The psychological process of imagining alternative outcomes or scenarios that did not actually happen, often starting with "What if..."

Regret

A feeling of sadness, repentance, or disappointment over something that one has done or failed to do.

False Consensus Effect

The cognitive bias to overestimate how much others share one’s beliefs, attitudes, and behaviors.

Nonconformist

An individual who does not conform to conventional or mainstream rules or practices.