The Acquisition of Land by Issuing Common Stock Is

question 37

Multiple Choice

The acquisition of land by issuing common stock is

• A)a noncash transaction that is not reported in the body of a statement of cash flows.
• B)a cash transaction and would be reported in the body of a statement of cash flows.
• C)a noncash transaction and would be reported in the body of a statement of cash flows.
• D)only reported if the statement of cash flows is prepared using the direct method.

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Definitions:

Expected Frequencies

The predicted counts in each category of a contingency table under the assumption that no association exists between variables.

Fisher's Exact Test

Chi-square statistic used if any of the expected frequencies in a sample of data are less than 5.

Yates' Correction

A statistical procedure applied to the chi-squared test for 2x2 contingency tables to correct for the discontinuity error.

Expected Frequencies

Quantitative descriptions of the number of occurrences of events expected to happen in a scientific experiment based on probability distributions.