The Appropriate Section in the Statement of Cash Flows for Reporting

question 232

Multiple Choice

The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is:

• A) Schedule of noncash investing or financing activity.
• B) Operating activities.
• C) This is not reported on the statement of cash flows.
• D) Financing activities.
• E) Investing activities.

---

Definitions:

Federal Surveyors

Government-employed experts who map and measure land, defining boundaries and assessing terrains for various purposes, including land development and conservation.

Rocky Mountains

A major mountain range in western North America, extending from Canada through the United States, known for its breathtaking landscapes and diverse ecosystems.

Transcontinental Railroad

A continuous rail line that connects the east and west coasts of the United States, completed in 1869, facilitating mass migration, goods transportation, and economic development.

Homestead Act

A United States federal law enacted in 1862 that granted 160 acres of public land to settlers for a small fee, assuming they would improve the land by building a dwelling and cultivating crops.