A Purchase of New Equipment on a Note Payable Under

question 91

Multiple Choice

A purchase of new equipment on a note payable under the direct method would be reported:

• A)as a separate disclosure as a non-cash transaction.
• B)in the investing section of the cash flow statement.
• C)in the operating section of the cash flow statement.
• D)in the financing section of the cash flow statement.

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Definitions:

Organizing Results

refers to the process of systematically arranging data or findings in a study or experiment for analysis and presentation.

Independent Variable

In an experiment, the variable that is manipulated or changed by the researcher to observe its effect on the dependent variable.

Dependent Variable

The variable being tested and measured in an experiment, which is influenced by the independent variable.

Experimental Results

The data and observations collected during an experiment, which are analyzed to draw conclusions about the hypothesis tested.