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Select your wwwer to achi e-choice question by making its letes gestion by marking is letter on your scan-tron cand 1 (45 points) 1. In a statement of cash flows, all of the following would be classified as financing activities except A the collection of cash related to a loan made to another entity B the payment of a cash dividend on the company's own common stock C. the cash paid to retire bonds payable. D. the sale of the company's own common stock for cash 2. The major purpose of the statement of cash flows is a to eliminate all non-cash expenses such as depreciation b. to continuously control the company's cash. c. to recognize gains and losses when major assets are sold. d. to explain why the cash balance changed during the period of time. 3. In acquiring a building. MSUTexas Company arranged to pay the amount due in ten equal annual installments. Which of the following statements is true regarding the effect of future cash payments or the statement of cash flows? a. The future cash payments will be reported as cash outflows in the financing section in the years that payments are made. b. The future cash payments will be reported as cash inflows in the financing section in the years that payments are made. c. The future cash payments will be reported as cash outflows in the investing section in the years the payments are made. d. These payments simply reduce debt, so have no effect on the statement of cash flows. 4. Which of the following would be classified as an operating activity on the statement of cash flow a. paid bills to insurers and utility providers b. purchased equipment with cash c. loaned money to another entity d. sold common stock 5. A company issues $80,000 of its stock to acquire a tract of land to build a new manufacturing On its statement of cash flows, how would this transaction be classified? A. An outflow from financing activities. B. An inflow from investing activities. C. In a separate note of investing and financing activities. D. An inflow from financing activities. 6. Which of the following would not be considered a cash equivalent? a. a highly liquid investment in a certificate of deposit b. a risk-free investment in short-term treasury bills 2. an investment in money market funds 2. a long-term investment in real estate The standards of ethical conduct for management accountants include competence, confidentiality, integrity, and credibility. competence, integrity, prudence, and respect for others. confidentiality, prudence, observance, and integrity. competence, credibility, confidentiality, and observance