When a Company Purchases and Retires Its Bonds,which of the Following

question 47

Multiple Choice

When a company purchases and retires its bonds,which of the following is the correct reporting on the statement of cash flows?

• A)Gain or loss in operating section,amount of cash paid in investing section
• B)Gain or loss in financing section,amount of cash received in operating section
• C)Gain or loss in operating section,amount of cash paid in financing section
• D)Gain or loss in investing section,amount of cash received in operating section

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Definitions:

Resources

Assets, materials, or other valuables that can be used to support various actions or activities.

Ostracism

The social or psychological exclusion or isolation of an individual or group by a larger group, often resulting in feelings of loneliness and depression.

Affiliation

The relationship or connection between individuals or groups, often implying a sense of belonging or association with a particular community or organization.

Dominance

Dominance refers to the state or condition of being in control or commanding influence over others, often observed within social or hierarchal structures.