Which of the Following Transactions Do Not Affect Cash

question 31

Multiple Choice

Which of the following transactions do not affect cash?
1) Purchase inventory on credit
2) Accrue operating expenses
3) Collection of accounts receivable
4) Accrue taxes and interest
5) Reclassify long-term debt to short-term debt

• A)1 and 2
• B)1,2,and 4
• C)1,2,3,and 5
• D)1,2,4,and 5
• E)1,2,3,4,and 5

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Definitions:

Turnout Rates

The proportion of qualified voters who participate by voting in an election.

Economic Activity

The actions that involve the production, distribution, and consumption of goods and services within an economy.

Electoral College

A body of electors established by the United States Constitution, which is responsible for electing the president and vice president.