When Preparing the Statement of Cash Flows Using the Indirect

question 6

Multiple Choice

When preparing the statement of cash flows using the indirect method,the sale of marketable securities would appear as:

• A) a use of cash in the investing activities section
• B) a source of cash in the investing activities section
• C) a use of cash in the financing activities section
• D) a source of cash in the financing activities section

---

Definitions:

Collaborative strategies

Approaches designed to work jointly with others towards achieving a common goal.

Mutually satisfying solutions

Outcomes or resolutions to conflicts that all involved parties find agreeable and beneficial, often achieved through negotiation or compromise.

Assemble Information

The process of gathering and organizing relevant data or knowledge to be used in decision-making or negotiations.

Presenting Issues

The immediate, identifiable problems that a client or group acknowledges or brings forward for resolution.