In a Statement of Cash Flows,proceeds from Issuing Equity Instruments

question 54

Multiple Choice

In a statement of cash flows,proceeds from issuing equity instruments should be classified as cash inflows from

• A) brokerage activities.
• B) financing activities.
• C) investing activities.
• D) operating activities.

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Definitions:

Affidavit

A written statement made under oath, used as evidence in court.

Registered Agent

A person or business designated to receive legal documents and service of process on behalf of a company.

Corporation

A legal entity that is separate from its owners, with its own rights and obligations, and can conduct business, enter contracts, sue, and be sued.

Social Security Offices

Government facilities where individuals can obtain assistance with Social Security benefits and services.