Question 90 (1 point) Which form of financing is used to finance trade receivables?

Question 90 options:

conditional sales contract

factoring

consignment

mortgage

Question 91 (1 point) Which of the following is a cash inflow?

Question 91 options:

a decrease in a non-cash asset account

an increase in an expense account

a decrease in a liability account

an increase in the dividends paid account

Question 92 (1 point) The statement of cash flows shows the following information. What is the year-end cash balance? Increase in cash $5,000 Cash, beginning of year $18,000

Question 92 options:

$23,000

$14,000

$4,000

$18,000

Question 93 (1 point) What is the source of the cash balance at the beginning and end of the year, as shown on the statement of cash flows?

Question 93 options:

the statement of financial position

the cash budget

the statement of income

the statement of changes in equity

Question 94 (1 point) Which of the following is one step in calculating cash provided from operations?

Question 94 options:

adding depreciation to net profit for the year

adding operating income to cash

adding dividends to share capital

adding dividends to profit before taxes

Question 95 (1 point) What heading on the statement of cash flows shows the profit for the year as a cash inflow?

Question 95 options:

operating activities

financing activities

investing activities

cash activities

Question 96 (1 point) Which of the following scenarios represents a cash outflow?

Question 96 options:

The house account decreases by $ 15,000.

The furniture account decreases by $4,000.

The bank loan account increases by $ 10,000.

The mortgage payable account decreases by $ 30,000.

Question 97 (1 point) What adjustments are made to calculate cash flow from operating activities?

Question 97 options:

Depreciation is added back to net profit for the year.

Dividends are deducted from retained earnings.

Income tax expense is added back to net profit for the year.

Depreciation is deducted from net profit for the year.

Question 98 (1 point) Which heading on the statement of cash flows shows the payment of dividends?

Question 98 options:

cash activities

operating activities

financing activities

investing activities

Question 99 (1 point) Which of the following is shown on the statement of cash flows?

Question 99 options:

retained earnings

operating activities

cost of goods sold

goodwill

Question 100 (1 point) Which of the following scenarios represents a cash inflow?

Question 100 options:

An RRSP account increases during the year.

The furniture account increases during the year.

Short-term deposits remain unchanged during the year.

The savings bonds account increases during the year.