Cash Flow, Accounting

Question: Which of the following is incorrect about the statement of cash flows?
A
It is a fourth basic financial statement.

B
It provides information about cash receipts and cash payments of an entity during a period.

C
It reconciles the ending cash account balance to the balance per the bank statement.

D
It provides information about the operating, investing and financing activities of the business.

Note: Not available
1. Report
Question: The statement of cash flows classifies cash receipts and cash payments by the following activities:
A
operating and non-operating

B
investing, financing and operating.

C
financing, operating and non-operating.

D
investing, financing and non-operating.

Note: Not available
1. Report
Question: An example of a cash flow from an operating activity is:
A
Payment of cash to lenders for interest.

B
receipt of cash from the sale of capital stock.

C
payment of cash dividends to the company's stock holders.

D
None

Note: Not available
1. Report
Question: An example of cash flow form an investing activity is:
A
receipt of cash from the issuance of bonds payable.

B
payment of cash to repurchase outstanding capital stock.

C
receipt of cash from the sales of equipment.

D
payment of cash to suppliers for inventory.

Note: Not available
1. Report
Question: Cash dividends paid to stockholders are classified on the
A
operating activities.

B
investing activities.

C
operating and investing activities.

D
financial activities.

Note: Not available
1. Report
Question: An example of a cash flow from a financing activities is:
A
receipt of cash from sale of land.

B
issuance of debt for cash.

C
purchase of equipment for cash.

D
None

Note: Not available
1. Report
Question: Which of the following about the statement of cash flow is incorrect?
A
The direct method may be used to report cash provided by operations.

B
The statement shows the cash provided (used) for dived by operations.

C
The operating section is the last section of the statement.

D
The indirect method may be used to report cash provided by operations.

Note: Not available
1. Report
Question: An example of cash flow form an investing activity is:
A
receipt of cash from the issuance of bonds payable.

B
payment of cash to repurchase outstanding capital stock.

C
receipt of cash from the sales of equipment.

D
payment of cash to suppliers for inventory.

Note: Not available
1. Report
Question: Net income is $132,000. During the year, accounts payable increased $10,000, inventory decreased $6000 and accounts receivable increased $12,000. Under the indirect method, net cash provided by operations is:
A
$102,000

B
$112,000

C
$124,000

D
$136,000

Note: Not available
1. Report
Question: Non charges that are added back to net income in determining cash provided by operations under the indirect method do not include:
A
depreciation expense.

B
an increase inventory.

C
amortization expense.

D
loss on sale of equipment.

Note: Not available
1. Report

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Question: Which of the following is incorrect about the statement of cash flows?

Question: The statement of cash flows classifies cash receipts and cash payments by the following activities:

Question: An example of a cash flow from an operating activity is:

Question: An example of cash flow form an investing activity is:

Question: Cash dividends paid to stockholders are classified on the

Question: An example of a cash flow from a financing activities is:

Question: Which of the following about the statement of cash flow is incorrect?

Question: An example of cash flow form an investing activity is:

Question: Net income is $132,000. During the year, accounts payable increased $10,000, inventory decreased $6000 and accounts receivable increased $12,000. Under the indirect method, net cash provided by operations is:

Question: Non charges that are added back to net income in determining cash provided by operations under the indirect method do not include: