Items Classified as Financing Activities on an Entity's Statement of Cash

question 5

Multiple Choice

Items classified as financing activities on an entity's Statement of Cash Flows are usually associated with:

• A)movements in non-current liabilities and equity
• B)sales of goods and services by the entity
• C)disposal of non-current assets
• D)purchase on shares by the entity.

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Definitions:

Independent Events

Two or more events where the occurrence of one does not affect the probability of the others occurring.

Conditional Probability

The probability of an event given that another event already occurred. The conditional probability of A given B is P(A ∣ B) = P(A ∩ B)/P(B).

P(B | A)

The probability of event B occurring given that event A has already occurred, a concept in conditional probability.

P(A ∪ B)

The probability of the occurrence of at least one of two events, A or B, including the case where both events occur simultaneously.