Which of the Following Is Considered to Be a Cash

question 73

Multiple Choice

Which of the following is considered to be a cash flow provided/(used) by financing activities?

• A)Dividends received from stock investments
• B)Cash received from customers for amounts due on account
• C)Proceeds from issuing common stock
• D)Interest paid on short-term notes payable

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Definitions:

Legal System

A comprehensive system of rules and principles organized to regulate societal behaviors, enforced through institutions.

Common Law

A system of law based on judicial decisions and precedent rather than statutes.

Nongovernmental Organization

An independent organization that operates outside of government control, often focused on humanitarian, developmental, or environmental efforts.

Inventory Valuation

A method used to assign a monetary value to a business’s inventory, impacting the cost of goods sold and thus the profit.