The Appropriate Section in the Statement of Cash Flows for Reporting

question 20

Multiple Choice

The appropriate section in the statement of cash flows for reporting the issuance of ordinary shares for cash 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.