The Statement of Cash Flows Would Not Report Which One

question 56

Multiple Choice

The statement of cash flows would not report which one of the following items?

• A) stock dividends
• B) purchase of capital stock
• C) redemption of long-term debt
• D) issuance of long-term debt

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Definitions:

Property

Assets or possessions, either tangible or intangible, that are owned by individuals or entities, including real estate and personal property.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another. The obligated party is typically someone entrusted with the care of money or property.

Breach of Contract

The violation or failure to perform any term of a contract without a legitimate legal excuse.

Watered Shares

Shares that have been issued by a company at a value much greater than its actual asset value, leading to an inflation of the company's apparent worth.