Use the Following Codes to Indicate How the Cash Flow

question 33

Multiple Choice

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

• A)operating activity-add to net income
• B)operating activity-deduct from net income
• 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:

Cultural Experiences

Interactions or engagements with aspects of a culture different from one's own, which can include food, music, traditions, and more.

Communication

The process of exchanging information, ideas, or feelings between individuals or groups.

Audience Expectations

The preconceived notions or desires that an audience has regarding the content, delivery, and outcomes of a communication or presentation.

Fact-based

Relying on or concerned with actual data and evidence rather than assumptions or speculation.