Finance And Accounting

Question: Salaries paid 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: Long-term investments sold for cash with a recognized gain 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: Which of the following would be included in the investing section of a cash flow statement?
A
Proceeds from sale of equipment

B
Proceeds from sale of long-term investments

C
Proceeds from sale of marketable securities

D
All of these would be included in the investing section.

Note: Not available
1. Report
Question: In most countries, the preparation of a __________________ is a common practice.
A
cash flow statement

B
financing activities statement

C
investing activities statement

D
statement of sources and uses of funds

Note: Not available
1. Report
Question: On their income statement, XYZ Company reported $600,000 in sales, $320,000 in depreciation expense, $60,000 in income taxes, and $100,000 in other expenses. In addition, $80,000 of common stock was issued for cash during the year. Assuming that the company's non-cash working capital balances did not change during the year, the total amount of cash from operations was ____________.
A
$20,000

B
$100,000

C
$420,000

D
$440,000

Note: Not available
1. Report
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

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Question: Salaries paid during the year would appear in which of the following sections of the cash flow statement?

Question: Long-term investments sold for cash with a recognized gain would appear in which of the following sections of the cash flow statement?

Question: Which of the following would be included in the investing section of a cash flow statement?

Question: In most countries, the preparation of a __________________ is a common practice.

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?