The Appropriate Section in the Statement of Cash Flows for Reporting

question 104

Multiple Choice

The appropriate section in the statement of cash flows for reporting the cash payment of wages is:

• A) Operating activities.
• B) Financing activities.
• C) Investing activities.
• D) Schedule of noncash investing or financing activity.
• E) None of these. This is not reported on the statement of cash flows.

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Definitions:

Diploid

An organism or cell having two sets of chromosomes or twice the haploid number, typifying most body cells except for gametes.

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of DNA, responsible for carrying genetic information.

Sister Chromatids

Replicated forms of a chromosome joined together by a common centromere and eventually separated during cell division.

Anaphase II

A stage in meiosis II where sister chromatids are pulled apart by spindle fibers towards opposite poles of the cell.