For Each of the Following Activities That May Take Place

question 116

Multiple Choice

For each of the following activities that may take place during the accounting period, indicate the effect (a-g) on the statement of cash flows prepared using the indirect method. Choices may be selected as the answer for more than one question.
-Sale of land

• A)Increase cash from operating activities
• B)Decrease cash from operating activities
• C)Increase cash from investing activities
• D)Decrease cash from investing activities
• E)Increase cash from financing activities
• F)Decrease cash from financing activities
• G)Noncash investing and financing supplement

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Definitions:

Double-Blind Experiment

A study or experiment in which neither the participants nor the researchers know who is receiving a particular treatment, to prevent bias.

Representative Sample

A fraction of a population that reliably reflects the traits of the entire group.

Random Sample

A method of selecting a subset of individuals from a population in which each person has an equal chance of being chosen.

Double-Blind Experiment

An experimental design in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.