From the Following List, Identify Each Item as Operating (O) $\mathrm{N}$

question 87

Multiple Choice

From the following list, identify each item as operating (O) , investing (I) , financing (F) , or not separately reported on the statement of cash flows (N) .
-Payment of cash dividend on preferred stock

• A)Operating-O
• B)Investing-I
• C)Financing-F
• D)Not separately reported- \( \mathrm{N} \)

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Definitions:

Accounting Equation

The fundamental equation of accounting, represented as Assets = Liabilities + Equity, serving as the foundation for double-entry bookkeeping.

Utility Bill

A statement of charges incurred for services such as electricity, gas, water, or sewage.

Corporation

A legal entity owned by shareholders, with rights and liabilities distinct from those of its owners.

Large Business

Generally refers to a corporation or enterprise that operates on a large scale in terms of revenue, employees, or market share, often exceeding the thresholds set for small and medium-sized enterprises.