On the Cash Flow Statement, the Gain on the Sale

question 58

True/False

On the cash flow statement, the gain on the sale of a delivery truck is an investing activity.

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Definitions:

External Data Tab

A feature in software applications, typically found in the user interface, that allows users to import, link to, or manage data from external sources.

One-to-many Relationship

A type of database relationship where a single record in one table is related to multiple records in another table.

Table Datasheet View

A display format in databases where data is presented in rows and columns, resembling a spreadsheet.

Structured Query Language (SQL)

A programming language used for managing and manipulating relational databases through executing queries and operations.