Which of the Following Would Cause an Outflow of Cash

question 177

Multiple Choice

Which of the following would cause an outflow of cash?

• A) Issuance of long-term debt to finance a construction project
• B) Collection on an account receivable
• C) Cash purchase of a long-term marketable security
• D) Sale of a long-term asset for cash

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Definitions:

Tertiary Circular Reactions

Advanced repetitive actions in infants aged 12-18 months, characterized by experimentation and exploration to achieve desired outcomes.

Sensorimotor Development

Sensorimotor development refers to the stage in early childhood where learning occurs through sensory experiences and manipulating objects.

Secondary Circular Reactions

Repetitive actions in infant development focused on external objects, part of Piaget’s stages of cognitive development.

Object Permanence

The recognition that items persist in existence even when they are not visible, audible, or detectable through other senses.