When the Indirect Method Is Used to Determine Operating Cash

question 162

Multiple Choice

When the indirect method is used to determine operating cash flows,how is the issuance of shares for cash shown on the statement of cash flows?

• A) as an operating activity
• B) as an investing activity
• C) as a financing activity
• D) as a noncash investing and financing activity

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Definitions:

Freely Sharing

The act of openly and willingly sharing information, resources, or emotions with others without expecting anything in return.

Thoughts and Feelings

The mental and emotional processes and experiences that form the basis of an individual's perception and responses to their environment.

Imperfect Role Models

Individuals who influence others despite having flaws or making mistakes, illustrating that perfection is not required to inspire or teach.

Professional Veneer

The polished, often superficial, image or behavior a professional might adopt to conform to societal and occupational standards or expectations.