The Declaration of Dividends by the Board of Directors Would

question 113

Multiple Choice

The declaration of dividends by the board of directors would be reported on a statement of cash flows as:

• A)a cash inflow under the financing activities.
• B)a cash outflow under the financing activities.
• C)a cash outflow under the investing activities.
• D)none of these. This activity would not be reported on a statement of cash flows.