MATCHING Indicate Whether Each of the Following Would Be Under Operating,Investing,Financing,or

question 53

Multiple Choice

MATCHING
Indicate whether each of the following would be under Operating,Investing,Financing,or whether the item would not appear on the statement of cash flows.
-Proceeds from sale of equipment

• A)Operating
• B)Investing
• C)Financing
• D)Item would not appear

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Definitions:

Witnesses

Individuals who have seen an event, especially a crime or a test, and can provide a first-hand account or testimony.

Revocable Living Trust

A trust document created by an individual that can be amended or revoked during their lifetime, used often for estate planning purposes.

Estate Tax

Estate tax is a tax levied on the net value of the estate of a deceased person before it is distributed to the heirs.

Management Advantages

The benefits or competitive edge that a company obtains through effective and efficient management of its resources and operations.