Match the Following

question 166

Short Answer

Match the following.
A) indirect method
B) amortization
C) cash equivalents
D) direct method format
E) cash flows
F) noncash investing and financing activities
G) operating activity
H) gain or loss
I) financing activity
J) operating or financing activities
K) net income
L) evaluate management decisions
M) cash flow statement
N) free cash flow
O) accumulated amortization
P) investing activity
-IFRS statement of cash flows classification of dividend payments

• A) indirect method
• B) amortization
• C) cash equivalents
• D) direct method format
• E) cash flows
• F) noncash investing and financing activities
• G) operating activity
• H) gain or loss
• I) financing activity
• J) operating or financing activities
• K) net income
• L) evaluate management decisions
• M) cash flow statement
• N) free cash flow
• O) accumulated amortization
• P) investing activity
• -IFRS statement of cash flows classification of dividend payments

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Definitions:

Novation

The act of replacing an existing obligation with a new one, thereby extinguishing the original contract and creating a new agreement.

Statutory Assignment

refers to the legal transfer of rights from one party to another, based on statutory laws rather than contractual agreement.

Equitable Assignment

The transfer of future rights to benefits in a contract to another party, recognized by equity courts.

Novation

The process of replacing an existing obligation with a new one, effectively transferring the rights and duties to another party.