Under the Direct Method of Preparing the Statement of Cash

question 119

Multiple Choice

Under the direct method of preparing the statement of cash flows,all of the following would be reported under operating activities EXCEPT:

• A)collections from customers.
• B)interest received on notes receivable.
• C)dividends received on investments in stock.
• D)cash proceeds on sale of long-term investments.

Recognize the development and impact of early civilizations and their contributions to society, including farming methods and social organization.

Appreciate the role and evolution of writing in ancient societies and its purposes.

Identify ancient cities and their contributions to human history, including architectural and infrastructural innovations.

Acknowledge the diversity of materials and technologies used by ancient civilizations, such as the production of bronze and the use of glass.