Land Was Purchased with the Proceeds from the Issuance of Common

question 118

Multiple Choice

Land was purchased with the proceeds from the issuance of common stock. This transaction would be reported on the statement of cash flows as a(n) :

• A) operating activity.
• B) investing activity.
• C) financing activity.
• D) noncash investing and financing activity.

---

Definitions:

Depression

A mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.

Optimism

A mental attitude reflecting a belief or hope that the outcome of some specific endeavor, or outcomes in general, will be positive, favorable, and desirable.

Longitudinal Study

A research design that involves repeated observations of the same variables (e.g., people) over short or long periods of time to detect patterns, causes, and effects.

Conscientiousness

A personality trait characterized by being thorough, careful, or vigilant; implying a desire to do a task well.