If an Entity Both Sells Capital Assets and Purchases Capital

question 21

True/False

If an entity both sells capital assets and purchases capital assets during the year, only the net cash inflow or outflow will be reported in the investing section of the cash flow statement.

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Definitions:

Generalized Anxiety Disorder

A mental health disorder characterized by persistent and excessive worry about a number of different things, leading to significant distress or impairment in functioning.

Compulsion

A psychological phenomenon where individuals feel the urgent need to perform certain behaviors or rituals irrationally.

Obsession

An uncontrollable and persistent thought, idea, or feeling that dominates a person's mind.

Habit

A regular practice or routine that is hard to give up, often performed unconsciously.