FinMan10e_ATest_ch14

FinMan10e_ATest_ch14 - 10th Edition FINANCIAL & MANAGERIAL...

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10th Edition CORPORATE FINANCIAL ACCOUNTING Warren/Reeve/Duchac Chapter Test 14A Score % Name Course Section NOTE: Each of the 40 correct answers is assigned a weight of 2½%. A
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TEST 14A (Concluded) FILL-IN-THE-BLANK—PRINCIPLES AND TERMINOLOGY—42½% INSTRUCTIONS: Complete each of the following questions and statements by writing the appropriate words or amounts in the Answers column. For Scoring QUESTIONS/STATEMENTS Answers 0. The statement that reports a firm’s major cash inflows and outflows for a period is the . ........................................................................................ statement of cash flows 0. ____ 1–2. What are the two alternative methods of reporting operating activities in the statement of cash flows?
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1. ................................................................................................................. 1. ____ 2. ................................................................................................................. 2. ____ 3–8. Indicate the section of the statement of cash flows (indirect or direct method or both) in which each of the following would appear (answer operating activities, investing activities, or financing activities): 3. Amortization of bond discount . .............................................................. 3. ____ 4. Product/Services sales . ......................................................................... 4. ____ 5. Sale of long-term investments . .............................................................. 5. ____ 6. Purchase of machinery. .......................................................................... 6. ____ 7. Redemption of bonds payable . .............................................................. 7. ____
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This note was uploaded on 07/17/2011 for the course ACCT 102 taught by Professor Martinez during the Summer '11 term at Rio Hondo College.

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FinMan10e_ATest_ch14 - 10th Edition FINANCIAL & MANAGERIAL...

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