When Using the Indirect Method,how Is the Receipt of Cash

question 147

Multiple Choice

When using the indirect method,how is the receipt of cash from the sale of long-term investments treated on the statement of cash flows?

• A)As an operating activity
• B)As an investing activity
• C)As a financing activity
• D)As a noncash investing or financing activity

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Definitions:

Reflect

The act of thinking deeply or carefully about certain thoughts, experiences, or teachings to gain insights or understanding.

Shape

The external form, contours, or outline of an object or figure.

Psychological Techniques

Methods used in psychology to understand, diagnose, and treat mental health issues, including various forms of therapy and assessment tools.

Psychotherapy

involves the treatment of mental health problems through psychological techniques rather than medical interventions, fostering understanding and healthy coping mechanisms.