Which of the Following Transactions Is Not Classified as a Source

question 4

Multiple Choice

Which of the following transactions is not classified as a source or use of cash in the operating, investing or financing sections of the statement of cash flows?

• A)Issuing stock for cash
• B)Asset swaps
• C)Payment of dividends
• D)Payoff of a long-term debt

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Definitions:

Cheeks

Parts of an object or tool flanking other components, typically used in the context of machinery or the human face.

Rounded Corners

Corners that are shaped into a smooth, rounded angle to improve appearance, handling, or safety.

Malleable Iron

A type of cast iron that has been treated to improve its ductility and toughness, making it less brittle and more capable of being shaped or bent without breaking.

Abbreviation

A condensed version of a word or phrase.