Accounting Skills (Cash Flow), Finance And Accounting

Question: Accounts receivable that increased during the year would appear in which of the following sections of the cash flow statement?
A
Operating section

B
Investing section

C
Financing section

D
It would not appear on the statement.

Note: Not available
1. Report
Question: Unearned revenue that had been reduced during the year would appear in which of the following sections of the cash flow statement?
A
Operating section

B
Investing section

C
Financing section

D
It would not appear on the statement.

Note: Not available
1. Report
Question: In determining cash flow from operations, which of the following would be an add-back to net income?
A
Gain on sale of building

B
Loss on sale of building

C
Decrease in inventories

D
All of these

Note: Not available
1. Report
Question: Accruing an income tax liability will cause cash to ______________ .
A
increase

B
decrease

C
show no change

D
The effect on cash cannot be determined based on given information.

Note: Not available
1. Report
Question: Prepaid rent that increased during the year would appear in which of the following sections of the cash flow statement?
A
Operating section

B
Investing section

C
Financing section

D
It would not appear on the statement.

Note: Not available
1. Report
Question: Cash received from sale of investment would be shown on a cash flow statement as ___________.
A
cash flow from operations

B
cash flow from investing

C
cash flow from financing

D
a non-cash transaction

Note: Not available
1. Report
Question: During 2007, XYZ Company experienced the following changes: Current liabilities: $75,000 increase Non-current liabilities: $45,000 decrease Owners' equity: $51,000 decrease Non-current assets: $42,000 increase Current assets (other than Cash): $18,000 increase Given the above data, the change in cash for 2007 was ____________.
A
($57,000)

B
$30,000

C
$39,000

D
($81,000)

Note: Not available
1. Report
Question: The acquisition of a patent would be shown __________________.
A
as an add-back to net income in the operations section

B
as a deduction from net income in the operations section

C
in the investing section

D
None of these

Note: Not available
1. Report
Question: Land acquired by issuing preferred stock would appear in which of the following sections of the cash flow statement?
A
Operating section

B
Investing section

C
Financing section

D
It would not appear on the statement.

Note: Not available
1. Report
Question: When determining cash flow from operations, which of the following would NOT be added back to net income?
A
Loss on sale of equipment

B
Equity in affiliate's losses

C
Amortization of bond premium

D
All of these

Note: Not available
1. Report

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Question: Accounts receivable that increased during the year would appear in which of the following sections of the cash flow statement?

Question: Unearned revenue that had been reduced during the year would appear in which of the following sections of the cash flow statement?

Question: In determining cash flow from operations, which of the following would be an add-back to net income?

Question: Accruing an income tax liability will cause cash to ______________ .

Question: Prepaid rent that increased during the year would appear in which of the following sections of the cash flow statement?

Question: Cash received from sale of investment would be shown on a cash flow statement as ___________.

Question: The acquisition of a patent would be shown __________________.

Question: Land acquired by issuing preferred stock would appear in which of the following sections of the cash flow statement?

Question: When determining cash flow from operations, which of the following would NOT be added back to net income?