When Using the Direct Method to Determine Operating Cash Flows,how

question 30

Multiple Choice

When using the direct method to determine operating cash flows,how is the sale of long-term investments for cash reported on the Statement of Cash Flows?

• A)Operating activity
• B)Investing activity
• C)Financing activity
• D)Noncash investing and financing activity
• E)Not reported on the statement of cash flows

---

Definitions:

Paradox

A statement or proposition that, despite sound reasoning from acceptable premises, leads to a conclusion that seems logically unacceptable or self-contradictory.

Autonomous Responding

The ability of an individual to respond independently to stimuli or situations, based on their own choices or internal processes.

Dysfunctional Pattern

Maladaptive behaviors and patterns that interfere with an individual or group’s ability to function effectively.

Catharsis

The process of releasing and thereby providing relief from strong or repressed emotions, often considered therapeutic.