Which of the Following Statements Is False

question 50

Multiple Choice

Which of the following statements is false?

• A) Purchase of equipment is an investing cash outflow.
• B) Sale of equipment creates investing cash outflow equal to its selling price.
• C) Purchase of short-term investments is an investing cash outflow.
• D) Purchase of a patent is an investing cash outflow.

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Definitions:

Taijinkyofusho

A Japanese culture-specific syndrome characterized by an intense fear that one's body, body parts, or bodily functions are displeasing, embarrassing, or offensive to other people.

Deference

The act of submitting to the wishes, judgment, or opinion of another person out of respect or reverence.

Embarrassing Oneself

The act of causing oneself to feel awkward, self-conscious, or ashamed in public or social situations.

Social Anxiety Disorder

A chronic mental health condition characterized by overwhelming anxiety and self-consciousness in everyday social situations.