Which of the Following Is Not a Source of Cash

question 38

Multiple Choice

Which of the following is not a source of cash?

• A) Sale of equipment below book value at a loss
• B) Issuance of bonds payable below par value at a discount
• C) Collection of a long-term note receivable from a customer
• D) Declaration of a cash dividend to be paid in the next accounting period

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Definitions:

NFPA

An organization focused on creating codes and standards for fire safety and prevention; also known as the National Fire Protection Association.

AAfPE

The American Association for Paralegal Education, a national organization representing paralegal educators and programs.

Advanced Paralegal Certification

A qualification indicating a higher level of expertise in paralegal studies, usually obtained through further education and testing.

Legal Specialty

An area of law practice that focuses on a particular field or subject of law.