Which of the Following Is Not Reported as a Cash

question 77

Multiple Choice

Which of the following is not reported as a cash flow from investing activities?

• A)Sale of a depreciable asset for cash.
• B)Purchasing land in exchange for common stock.
• C)Selling a long-term investment at a loss for cash.
• D)Purchase of a patent in exchange for cash.

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Definitions:

High Consistency

The extent to which a person's behavior remains stable and uniform across different situations and over time.

Low Distinctiveness

A characteristic of an action where it is not unique to a specific situation but occurs in many different contexts.

Emotionally Salient

Refers to events, information, or stimuli that have a strong emotional impact or significance to an individual.

Goal Relevant

Pertaining to or directly associated with the objectives one is trying to achieve.