Which of the Following Transactions Is Not Included in Financing

question 16

Multiple Choice

Which of the following transactions is not included in financing activities in the statement of cash flows?

• A) Receipt of repayment of loans and advances.
• B) Proceeds from issuing shares.
• C) Repayment of shares.
• D) Repayment of debts.

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Definitions:

Render Invalid

To make something null and void or to deprive it of legal force.

Construed

Interpreted or understood in a particular way, often referring to the way words or actions are perceived or legally interpreted.

Warranties

Promises made by a seller regarding the condition, functionality, or other aspects of a product or service.

Implied Warranty

A legal assumption that goods are fit for the purpose for which they were sold, even if not explicitly stated.