A Company Purchased Machinery by Issuing a Long-Term Note Payable

question 67

True/False

A company purchased machinery by issuing a long-term note payable.This is an example of a non-cash investing and financing activity for the statement of cash flows.

---

Definitions:

Dependence

A state in which an individual relies on something or someone for support or to function normally.

Sex-typed Behavior

Behaviors traditionally associated with a particular gender based on societal norms or expectations.

Gender Identity Confusion

Uncertainty or persistent questioning about one's gender identity or internal experience of gender, which may not align with societal expectations or biological sex.

Innate Behavior Patterns

Behaviors that are genetically hardwired and manifest without being learned from the environment.