On the Statement of Cash Flows Prepared by the Indirect

question 113

Multiple Choice

On the statement of cash flows prepared by the indirect method, the cash flows from operating activities section would include

• A) receipts from the sale of investments
• B) amortization of premium on bonds payable
• C) payments for cash dividends
• D) receipts from the issuance of capital stock

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Definitions:

Client

A person or organization availing the services or advice of a professional or company.

Professional

Pertaining to someone who engages in a particular occupation for payment, often requiring specialized education and training.

Anecdotal Record

A narrative account of a specific incident or event concerning an individual's behavior, often used in educational or psychological contexts to gather qualitative data.

Personnel File

A collection of records kept by an employer that contains information related to an employee’s personal and employment history.