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

---

Definitions:

Battery

A tort law term referring to the unauthorized and offensive or harmful physical contact with another person.

Justified Retribution

A concept of fair punishment or retaliation that is deemed morally or legally right under specific circumstances.

Battery

In law, battery is the intentional unpermitted act causing harmful or offensive contact with the "person" of another.

Assault

An intentional act that creates a reasonable apprehension of an imminent harmful or offensive contact.