Which Statement About the Statement of Cash Flows Is FALSE

question 92

Multiple Choice

Which statement about the statement of cash flows is FALSE?

• A)Operating activities should be the company's main source of cash.
• B)Purchases and sales of long-term assets are financing cash flows.
• C)The payment of a dividend is a financing cash flow.
• D)The payment of a note payable is a financing activity.

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Definitions:

Workplace

A location or virtual space where individuals are employed and engage in tasks related to their job responsibilities.

Halo Effect

A cognitive bias in which an observer's overall impression of a person, company, brand, or product influences their feelings and thoughts about that entity's character or properties.

Personal Attributes

Individual characteristics or traits that define a person's behavior, attitude, and personality.

Stereotypes

Oversimplified and widely held beliefs or generalizations about a group of people, which often lead to misconceptions and biases.