Which of the Following Is a Noncash Investing and Financing

question 65

Multiple Choice

Which of the following is a noncash investing and financing activity?

• A) payment of a cash dividend
• B) payment of a six-month note payable
• C) purchase of merchandise inventory on account
• D) issuance of common stock to acquire land

---

Definitions:

Achievement Orientation

A focus on setting and meeting high standards and achievements, whether personal or professional.

Performance Orientation

An aspect of organizational culture focusing on outcomes and results, emphasizing the achievement of goals and standards of excellence.

External Locus

A belief system where individuals perceive their successes or failures to be the result of external forces or the environment.

Control

The ability to direct, manage, or govern over oneself, other people, or situations to achieve a desired outcome.