Which Statement Is True

question 23

Multiple Choice

Which statement is true?

• A)Stock splits and dividends are non-cash transactions. They are not recorded on the SCF.
• B)Cash flows from the purchase and sale of treasury shares are reported as an investing activity.
• C)OCI is normally reported in the financing section of the SCF.
• D)Cash flows from discontinued operations would never be reported in the investing section of the SCF regardless of their nature.

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Definitions:

Astroturfing

The practice of creating a false impression of grassroots support or opposition, often through fake reviews, social media accounts, or sponsored content, to manipulate public opinion.