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

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Question 10.5 / 0.5 ptsThe major purpose of cash flow statement is to provide information about cash receiptsand cash payment during an accounting period.TrueFalse
Question 20.5 / 0.5 ptsIn general, the most important section of cash flow statement is the section for operatingactivities.
Question 30.5 / 0.5 ptsCompany AA had the following journal entries.Can you conclude that this company has a positive cash income?
NoQuestion 45 / 5 ptsMatch 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 dividendsCash paid for suppliersCash from sale of property and equipmentCash from sale of stockCash to pay dividendsCash paid out for expense

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Term
Spring
Professor
Brancato
Tags
Balance Sheet, Cash Flow Statement, Income Statement, Generally Accepted Accounting Principles, major purpose of cash flow statement

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