Which of the Following Transactions Is NOT a Significant Noncash

question 113

Multiple Choice

Which of the following transactions is NOT a significant noncash investing and financing activity?

• A) Land is purchased by issuing a 20-year mortgage note payable.
• B) Bonds are issued to purchase a building.
• C) Cash equivalents are purchased.
• D) Buildings are acquired by issuing common shares.

---

Definitions:

Cross-Border Merger

A Cross-Border Merger involves the combination of companies from different countries to create a single global entity, aiming to expand market reach and optimize resources.

North America

A continent located in the northern hemisphere, mainly between the Atlantic and Pacific Oceans, comprising countries like the United States, Canada, and Mexico.

Internationalization Process

The strategic process that a company undergoes to expand its operations and presence into foreign markets.

Direct Foreign Investment

An investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.