Classification of Cash Flows

question 167

Essay

Classification of cash flows
Indicate how each of the following events should be classified in a statement of cash flows for the current calendar year. Use the following code: O = operating activities, I = investing activities, and F = financing activities.
Assume use of the direct method. If the event does not involve a cash flow that should be included in the statement of cash flows, use an X.
____ (a) Paid an account payable for inventory purchased in a prior accounting period.
____ (b) On 28 December made a large credit sale; terms, 2/10, n/30.
____ (c) Received a dividend from an investment in IBM ordinary shares.
____ (d) Paid a dividend to shareholders.
____ (e) Paid the interest on a note payable to First Bank.
____ (f) Paid the principal amount due on the note payable to First Bank.
____ (g) Transferred cash from a checking account into a money market fund.
____ (h) Made an adjusting entry to record accrued wages payable at the end of the period.
____ (i) Recorded depreciation expense for the current year.
____ (j) Purchased property, plant, and equipment for cash.

Identify the components and scales of established career assessment tools.

Know the initial steps and considerations in conducting a career assessment.

Understand the importance of consistency and accuracy in assessment tools for measuring career interests.

Comprehend the different constructs assessed in career counseling and their relative frequencies of assessment.

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Definitions:

Conflicting Expectations

Situations where there are differing beliefs or hopes about what is necessary or likely to happen, often leading to tension or conflict.

Intrapersonal Conflicts

Psychological struggle within an individual that arises from competing needs or desires.

Power Networks

The structures and relationships within an organization through which power is exercised and exchanged.

Interrole Conflict

A psychological tension that arises when the demands of one role an individual occupies conflict with those of another role.