Qz 6.docx - Question 1 0.5 / 0.5 pts The major purpose of...

Question 1
0.5 / 0.5 pts
The major purpose of cash flow statement is to provide information about cash receipts
and cash payment during an accounting period.
True
False
Question 2
0.5 / 0.5 pts
In general, the most important section of cash flow statement is the section for operating
activities.
Question 3
0.5 / 0.5 pts
Company AA had the following journal entries.
Can you conclude that this company has a positive cash income?

No
Question 4
5 / 5 pts
Match the following transactions to the correct activities.
For example, cash from sales of goods and services is classified as operating activity.
Cash from interest and dividends
Cash paid for suppliers
Cash from sale of property and equipment
Cash from sale of stock
Cash to pay dividends
Cash paid out for expense