Given Below Is a List of Events: 1

question 101

Multiple Choice

Given below is a list of events: 1. payment of employee wages
2) cash collections from customers
3) sale of capital stock
4) sale of land, at cost
5) payment of a cash dividend
6) borrow cash from creditors
7) purchase of equipment
8) cash sale of inventory
9) purchase inventory on account
Which of the above events are outflows in the financing section of the statement of cash flows?

• A) 3 and 6
• B) 5 and 7
• C) only 5
• D) 3 and 5

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Definitions:

First Amendment

A core provision of the United States Constitution that protects freedoms concerning religion, expression, assembly, and the right to petition.

Right to Privacy

the right to be free from intrusion or interference in one's personal life and affairs.

Fifth Amendment

A part of the U.S. Constitution that protects individuals from self-incrimination and double jeopardy, and guarantees the right to due process.

Double Jeopardy

Double jeopardy is a legal principle that prohibits an individual from being tried twice for the same offense, protecting against repeated prosecutions.