Which of the Following Items Would Be Classified as Financing

question 21

Multiple Choice

Which of the following items would be classified as financing activities in a statement of cash flows?

• A)repayment of borrowings
• B)proceeds from borrowings
• C)proceeds from the issue of shares
• D)all the item would be classified as financing activities

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Definitions:

National Labor Relations Act

A foundational U.S. law enacted in 1935 that protects the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices.

Global Marketplace

An integrated and interdependent worldwide economic trading environment in which goods, services, people, skills, and ideas move freely across national borders.

Wage

The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, given by an employer to an employee.

Union Contracts

Agreements between labor unions and employers detailing wages, working conditions, and rights for union members.