Use the Following Information for Questions

question 73

Multiple Choice

Use the following information for questions
Ingles Corp., a private company reporting under ASPE, engaged in the following transactions.For each transaction, indicate where, if at all, it would be classified on the statement of cash flows.
-Purchase of land and building with a mortgage:

• A)operating activities section
• B)investing activities section
• C)financing activities section
• D)does not represent a cash flow

Understand the role of prenatal care and nutrition on fetal development.

Identify strategies to prevent transmission of infections from mother to fetus.

Recognize the impact of maternal stress and substance use on pregnancy outcomes.

Understand the role of behavioral genetics in human development.

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Definitions:

Raw Materials Purchases

The total cost incurred by a company to buy the raw materials needed for production.

Standard Costs

Standard costs are predetermined costs of manufacturing a single unit or a number of units of a product during a specific period under assumed conditions.

Kilos

A metric unit of measure for mass, equivalent to one thousand grams or approximately 2.20462 pounds.

Cash Account

An account that records all cash transactions, including cash receipts and cash payments, within a business.