Examples of Transactions That Must Be Disclosed as Noncash Investing

question 13

Multiple Choice

Examples of transactions that must be disclosed as noncash investing and financing activities include:

• A) The purchase of noncash assets in exchange for equity or debt securities.
• B) The purchase of non-current assets financed by a cash down payment and a note payable to the seller for the balance.
• C) The conversion of debt securities to equity securities.
• D) The leasing of assets in a transaction that qualifies as a finance lease.
• E) All of these answers are correct.

---

Definitions:

Apgar Scale

Standard measurement of a newborn's condition; it assesses appearance, pulse, grimace, activity, and respiration.

Newborn's Appearance

Describes the physical characteristics and initial health status of a baby immediately after birth.

Pulse

The rhythmic throbbing of the arteries as blood is propelled through them, typically felt in the wrists or neck.

Reflex

An automatic, involuntary response to a specific stimulus.