Which of the Following Is True Regarding the Statement of Cash

question 79

Multiple Choice

Which of the following is true regarding the Statement of Cash Flows for a public college?

• A) Cash received for interest is reported as an increase in cash flows from investing activities.
• B) Cash paid for interest is reported as a decrease in cash flows from either noncapital or capital and related financing activities.
• C) Both of the above are true.
• D) Neither of the above is true

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