
Statement of cash flows
Authored by Korri Williams
Business
University
Used 13+ times

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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Activities that involve the cash effects of making and collecting loans and acquiring and disposing of property, plant, and equipment are classified as:
noncash activities.
investing activities.
operating activities.
financing activities.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements shows the amount of cash used to pay dividends or purchase treasury stock?
statement of financial position.
income statement.
statement of stockholders’ equity.
choices 1 & 3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The operating section is the first section of the statement of cash flows.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payment of dividends would come under which activity on the statement of cash flows?
Financing
Operating
Investing
None of these answer choices are correct
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Borrowing money from creditors is considered an investing activity on the statement of cash flows.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Receipt of interest from a Note Receivable would be reported as a cash inflow in which of the following sections:
investing activities
financing activities
operating activities
stock activities
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