Which of the Following Will Be Categorized as a Financing

question 109

Multiple Choice

Which of the following will be categorized as a financing activity on the statement of cash flows?

• A)Cash received by selling old equipment
• B)Cash paid for purchase of new machinery
• C)Cash paid for purchase of office supplies
• D)Cash received as a contribution from the owner

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Definitions:

Reliability

The consistency and dependability of a test, measurement, or system to produce the same results under consistent conditions.

Cultural Fairness

The principle of ensuring that assessments, decisions, and treatments do not favour or discriminate against any culture.

Validity

The extent to which a test, tool, or method accurately measures or evaluates what it is supposed to.

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or standard.