1.The purpose of the statement of cash flows is to provide information on: Choos
ID: 2456513 • Letter: 1
Question
1.The purpose of the statement of cash flows is to provide information on: Choose one answer. a. Profits. b. Cash inflows and outflows. c. Losses. d. Net worth. e. Capital adequacy
2.
Which of the following is not a financing activity?
Choose one answer.
Purchase of a building.
Repayment of long-term debt
Payment of cash dividends.
Proceeds from long-term borrowings.
Issue of shares
3.
All of the following are operating cash flows except:
Choose one answer.
Interest received.
Income tax paid.
Dividends paid to shareholders.
Payments to suppliers.
Receipts from customers
a.Purchase of a building.
b.Repayment of long-term debt
c.Payment of cash dividends.
d.Proceeds from long-term borrowings.
e.Issue of shares
3.
All of the following are operating cash flows except:
Choose one answer.
a.Interest received.
b.Income tax paid.
c.Dividends paid to shareholders.
d.Payments to suppliers.
e.Receipts from customers
Explanation / Answer
1.) b. Cash inflows and outflows.
2.) a. Purchase of a building.
3.) c.Dividends paid to shareholders.
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