Which of the Following Should Be Shown on a Statement

question 123

Multiple Choice

Which of the following should be shown on a statement of cash flows under the financing activity section?

• A) the purchase of a long-term investment in the common stock of another company
• B) the payment of cash to retire a long-term note
• C) the proceeds from the sale of a building
• D) the issuance of a long-term note to acquire land

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Definitions:

Sales Presentation

A structured dialogue or demonstration given by a salesperson to inform a potential buyer about a product or service.

Reseller

A reseller purchases goods or services to sell them to consumers at a markup, without significantly altering their form.

Customer Benefit Plan

A strategy or program designed to provide advantages or positive outcomes to customers, enhancing their experience or satisfaction.

Business Proposition

A proposed business idea or plan aimed at generating economic benefits.