Which of the Following Should Be Shown on a Statement

question 133

Multiple Choice

Which of the following should be shown on a statement of cash flows under the financing activity section?

• A) The purchase of a long-term investment in the common stock of another company
• B) The payment of cash to retire a long-term note
• C) The proceeds from the sale of a building
• D) The issuance of a long-term note to acquire land

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Definitions:

Payroll

The total amount of money that a company pays to its employees, including wages, salaries, bonuses, and deductions.

Ethical Behaviour

Acting in ways that are consistent with societal and professional standards of conduct, including honesty, fairness, and integrity.

Clothing Factory

A manufacturing facility specializing in the production of garments and textiles, often involving assembly line methods for mass production.

Social Factor

An element that influences societal behavior and interactions, including beliefs, values, culture, and economic status.