Cash Flow Statement

Cash received for day-to-day activities is part of:

• Operating Activities

• Investing Activities

• Financing Activities

• None of the answers are correct

Cash paid to lenders is part of:

• Operating Activities

• Investing Activities

• Financing Activities

• None of the answers are correct

A cash flow statement tracks the sources and uses of cash

• True

• False

Increase in food inventory

• Increases cash

• Decreases cash

Increase in accounts payables

• Increases cash

• Decreases cash

The indirect method of preparing a cash flow statement begins with accrual-based net income.

• True

• False

Depreciation is a non-cash expense

• True

• False

The purchase of equipment is a

• Operating Activity

• Investing Activity

• Financing Activity

• None of the answers are correct

A change in accounts receivable is a/an

• Operating Activity

• Investing Activity

• Financing Activity

• None of the answers are correct