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Identify Each of the Following Transactions as an Operating Activity

question 122

Essay

Identify each of the following transactions as an operating activity (O),an investing activity (I),a financing activity (F),a noncash investing and financing activity (NIF),or a transaction that is not reported on the cash flow statement (N).In addition,indicate the effect that each of the following transactions has on the cash balance.Use + for increase,- for decrease,and 0 for no change.Assume the direct method is used to report cash flows from operating activities.
Identify each of the following transactions as an operating activity (O),an investing activity (I),a financing activity (F),a noncash investing and financing activity (NIF),or a transaction that is not reported on the cash flow statement (N).In addition,indicate the effect that each of the following transactions has on the cash balance.Use + for increase,- for decrease,and 0 for no change.Assume the direct method is used to report cash flows from operating activities.


Definitions:

Political Pressure

Influence exerted by groups or individuals aimed at affecting government policy or decisions.

NASW

The National Association of Social Workers, a professional organization supporting the practice and profession of social work in the United States.

Candidates

Individuals who are considered or nominated for a position, office, or honor.

PACE

Program of All-Inclusive Care for the Elderly, a Medicare and Medicaid program aiming to provide comprehensive healthcare and services to elderly individuals to help them stay in their communities instead of moving to care facilities.

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