Which of the Following Is Reported as an Operating Activity

question 149

Multiple Choice

Which of the following is reported as an operating activity in the statement of cash flows?

• A) The payment of dividends.
• B) The sale of office equipment.
• C) The payment of interest on long-term notes.
• D) The issuance of a stock dividend.

---

Definitions:

Appellate Court

A court that reviews and potentially reverses decisions made by lower courts, often focusing on legal errors rather than factual disputes.

Jury's Finding

The determination or decision made by a jury regarding the facts of a case, which influences the final verdict.

Contingency-Fee Basis

An arrangement between a client and a service provider (often a lawyer) where the service provider is paid a percentage of the amounts recovered through legal action, only if the action is successful.

Personal-Injury

Legal term referring to injury to the body, mind, or emotions, as opposed to an injury to property.