The Following Item Is Classified as a 'Financing Activity' in the Statement

question 1

Multiple Choice

The following item is classified as a 'financing activity' in the Statement of Cash Flows:

• A)interest paid on debentures
• B)cash received from accounts receivable
• C)cash payment on redemption of the company's debentures
• D)cash payment to purchase debentures of another entity.

---

Definitions:

Detail Drawings

Technical drawings providing comprehensive details necessary for the manufacture or description of an item.

Individual Parts

Separate components that, when assembled, make up a complex machine or device, each part typically has its own specific function within the assembly.

Separate Sheets

Distinct documents or drawings individually detailing parts of a larger project or scheme.

Specified Texture

A defined surface quality or feel of a material, often detailed in engineering and design specifications to ensure consistency.