Which of the Following Transactions Would Be Shown in the Non-

question 31

Multiple Choice

Which of the following transactions would be shown in the non- cash investing and financing activities section of the cash flow statement?

• A)Purchased land for a $20 000 deposit and a mortgage note for $180 000
• B)Sold equipment with book value of $4 000 in exchange for $1 000 cash and a $3 000 note
• C)Issued 10 000 shares at $5 per share
• D)Settled a long- term bill payable by issuing ordinary shares

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Definitions:

Delegating Decision-Making

The transfer of authority and responsibility for making decisions from one person or group to another, often seen as a key component of effective leadership.

Untrained Workforce

A group of employees who have not received formal instruction or skills development related to their job functions.

Permissiveness

A parenting or leadership style characterized by the allowance of freedom of behavior and self-expression, often with minimal control or restrictions.

Rigidity

The lack of flexibility or adaptability in thinking, systems, or physical objects.