Cash Received from Customers Would Be Reported on the Statement

question 35

Multiple Choice

Cash received from customers would be reported on the statement of cash flows:

• A)under operating activities.
• B)under investing activities.
• C)under financing activities.
• D)in the schedule of noncash investing and financing activities.

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Definitions:

Rate Of Return

The profit or deficit experienced on an investment throughout a designated period, shown as a percentage of the original investment amount.

Building Lot

A parcel of land designated for constructing a building or set of buildings.

Equivalent Payment

A payment amount that, when adjusted for interest and time, is equal in value to a different payment amount over a different time period.

Focal Date

A specific point in time that serves as a reference or target for events or operations.