Listed Below Are the Reporting Classifications for a Statement of Cash

question 142

Multiple Choice

Listed below are the reporting classifications for a statement of cash flows using the direct method for reporting operating cash flows. Match the reporting classifications with the transactions described below.
-Financing cash inflow

• A)Cash collection of a nontrade note receivable.
• B)Cash collected on accounts receivable.
• C)Issuance of a long-term note payable for cash.
• D)Cash purchase of securities issued by another corporation.
• E)Payment of a property dividend.

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Definitions:

Responsive Supply Chains

Supply chains designed to quickly respond to market changes and customer demands with agility and efficiency.

Information Technology

The employment of computer systems, storage solutions, networking components, and various physical technologies and processes for the creation, processing, storage, protection, and sharing of all types of digital information.

Virtual Logistics

The management of logistic operations, such as transportation, warehousing, and delivery, in a virtual or digital environment.

Cisco

A global technology leader known for manufacturing networking hardware, telecommunications equipment, and other high-technology services and products.