All of the Following Would Be Reported Under Operating Activities

question 110

Multiple Choice

All of the following would be reported under operating activities EXCEPT cash receipts from:

• A) collections of customers.
• B) interest received on notes receivable.
• C) dividends received on investments in stock.
• D) sales of investments.

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Definitions:

Federal Government

The national government of a federal country, where power is divided between the central authority and constituent units or states.

Henry Clay

An American statesman and lawyer who served as a pivotal figure in the U.S. politics during the first half of the 19th century, known for his Compromise Measures and as a leading war hawk.

Bonus Bill

Legislation proposed after the War of 1812 to allocate federal funds for the construction of roads and canals, which was vetoed by President Madison in 1817 on constitutional grounds.

Unconstitutional

Something that is not in accordance with the constitution of a country or government, and therefore is considered illegal or void.