Use the Following Information for Questions

question 13

Multiple Choice

Use the following information for questions.
Ingles Corp., a private company reporting under ASPE, engaged in the following transactions. For each transaction, indicate where, if at all, it would be classified on the statement of cash flows.
-Declaration and issue of a stock dividend:

• A) operating activities section
• B) investing activities section
• C) financing activities section
• D) does not represent a cash flow