Use the Following Codes to Indicate How the Cash Flow

question 197

Multiple Choice

Use the following codes to indicate how the cash flow effect, if any, of each transaction would be reported on a statement of cash flows if the operating activities section is prepared using the direct method. (Choices may be used more than once.)
-sold office building for cash

• A)inflow from operating activity
• B)outflow from operating activity
• C)inflow from investing activity
• D)outflow from investing activity
• E)inflow from financing activity
• F)outflow from financing activity
• G)noncash investing and financing activity
• H)not reported on statement of cash flows

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Definitions:

Knowledge Management

The practice of capturing, organizing, sharing, and analyzing an organization's knowledge in order to achieve objectives.

Virtual Teams

Groups of individuals who work together from different geographic locations, connected by electronic communications technology.

Self-Directed Teams

Teams that manage themselves without the need for direct supervision, including planning, executing, and monitoring their work.

Substantial Autonomy

Describes a significant level of independence or self-direction that an individual or unit has to make decisions.