In a Statement of Cash Flows, Which of the Following

question 136

Multiple Choice

In a statement of cash flows, which of the following events would be classified as a financing activity?

• A) purchase of a trading security
• B) payment of interest on a loan
• C) payment of cash dividends to shareholders
• D) All of these answer choices are correct.

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Definitions:

Monetary Quotients

A term relating to the financial ratios or divisions involving amounts of money, yet its specific usage and definition aren't universally established; might be considered not a standard financial term.

Round Off

The process of adjusting a numerical value to its nearest predetermined value, often simplifying the number for ease of use.

Round Off

The process of adjusting a numerical value to its nearest specified place value, reducing the digits to the right.

Decimal Places

The count of figures positioned after the decimal point within a number.