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

---

Definitions:

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, which interprets sensory information and issues instructions based on past experience and current conditions.

Peripheral Nervous System

The peripheral nervous system is the part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, which connect the central nervous system to limbs and organs.

Afferent Nerves

Nerves that carry sensory information from the sensory receptors towards the central nervous system.

Efferent Nerves

Nerves that carry signals away from the central nervous system to effectors such as muscles or glands, facilitating action and response.