Which of the Following Would NOT Appear on a Statement

question 47

Multiple Choice

Which of the following would NOT appear on a statement of cash flows using the direct method?

• A)Payments to a supplier
• B)Proceeds from issuance of common stock
• C)Cost of goods sold
• D)Collections from customers

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Definitions:

Psychological Maladjustment

A state of being unable to adapt or cope effectively with the demands of personal and social environment, leading to emotional distress or behavioral problems.

Divorce

The legal dissolution of a marriage by a court or other competent body.

Parents

The caregivers of a child, who may be biological, adoptive, step, or foster guardians.

Children

Young human beings, usually considered to be from birth until puberty but definitions may vary.