Given Below Is a List of Items That May Be

question 47

Multiple Choice

Given below is a list of items that may be reported on a statement of cash flows.Identify each as one of the following using the indirect method:
-Proceeds from the sale of a building

• A)Operating
• B)Investing
• C)Financing
• D)Not separately reported on a statement of cash flows

---

Definitions:

Premanufacturing Notice

A requirement under environmental law for manufacturers to notify a government agency before producing or importing new chemicals.

EPA

The Environmental Protection Agency, which focuses on the conservation of the environment and protecting human health through the enforcement of regulations.

Superfund

A federal program established to fund the cleanup of sites contaminated with hazardous substances and pollutants.

Hazardous Waste

Refers to waste materials that are dangerous or potentially harmful to human health or the environment.