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QUESTION 2 Which of the following is the primary source of cash over the life of a business? O Operating activities Investing activities Financing
QUESTION 2 Which of the following is the primary source of cash over the life of a business? O Operating activities Investing activities Financing activities None of the above QUESTION 3 On a cash flow statement prepared using the indirect method, which is not reported as an operating activity? Interest revenue Proceeds from the sale of equipment Interest expense O Dividend revenue QUESTION 4 The OOOO financing Investing operating section from the statement of cash flows includes activities that affect net income on the income statement None of the above QUESTION 5 Of the following, which is not a cash inflow from a financing activity? O Issuance of preferred stock Issuance of common stock. Proceeds from issuance of long-term debt Sale of long-term investment QUESTION 6 The financing investing operating section from the statement of cash flows would include the issuance of a stock dividend. None of the above
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