On the Cash Flow Statement, the Purchase and Sale of Bonds

question 13

Multiple Choice

On the cash flow statement, the purchase and sale of bonds of other companies to be held for an extended time are reported as:

• A) investing activities
• B) operating activities
• C) financing activities
• D) would not appear on a cash flow statement

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Definitions:

Social Status

The position or rank of a person or group within the society based on wealth, occupation, education, and other factors.

Status Hierarchy

A social structure that ranks individuals or groups in a community on the basis of esteem and prestige.

Social Inequity

The existence of unequal opportunities and rewards for different social positions or statuses within a group or society.

Big Cheese

Big Cheese is a colloquial term used to describe someone of importance or high status in a particular area or field.