Which of the Following Would Not Appear on a Statement

question 11

Multiple Choice

Which of the following would not appear on a statement of cash flows prepared using the direct method?

• A) cash receipt from repayment of a loan
• B) cash purchase of inventory
• C) depreciation expense
• D) cash payments for operating expenses

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Definitions:

Greater Victory

A term signifying a significant or decisive success, often going beyond immediate goals to achieve wider impacts or set precedents.

Louisiana's Slaves

Enslaved people who lived and worked in Louisiana, experiencing a unique blend of French, Spanish, and American slave laws.

Brutal Conditions

Extremely harsh and unforgiving circumstances, often referring to environments or situations lacking humane treatment.

Commercial Industrialization

Refers to the period when a society transitions from primarily agricultural to one dominated by the manufacturing of goods, leading to economic growth and an increase in productivity.