chapter14a

chapter14a - Chapter 14 1. Which of the following is...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 14 1. Which of the following is incorrect about the statement of cash flows? A. It is a fourt h basic finan cial state ment . B. It prov ides infor mati on abou t cash recei pts and cash pay ment s of an entit y duri ng a peri od.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
C. It reco ncile s the endi ng cash acco unt bala nce to the bala nce per the bank state ment . D. It prov ides infor mati on abou t the oper ating , inve sting , and finan cing activ ities of the busi ness. 2. The statement of cash flows classifies cash receipts and cash payments by these activities: A. oper ating and nono perat ing.
Background image of page 2
B. inve sting , fina ncin g, and oper ating . C. finan cing, oper ating , and nono perat ing. D. inve sting , finan cing, and nono perat ing. 3. Which is an example of a cash flow from an operating activity? A. Pay ment of cash to lend ers for inter est.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Rece ipt of cash from the sale of capit al stoc k. C. Pay ment of cash divid ends to the com pany 's stoc khol ders. D.
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/27/2010 for the course MGT 011A taught by Professor Hancock,john during the Spring '07 term at UC Davis.

Page1 / 12

chapter14a - Chapter 14 1. Which of the following is...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online