Question
These questions have to do with Operating, Financing,Investing Activities,Managing Activities or Net income. 1. Activities or transactions that affect the income statement are primarily included
These questions have to do with Operating, Financing,Investing Activities,Managing Activities or Net income.
1. Activities or transactions that affect the income statement are primarily included in which section of the statement of cash flows?
a.Operating
b. Investing
c. Net Income
d.Managing?
Why?
2. All of the following activities would be included in a company's investing activities except
a. taking out a loan from th abnk
b. repayment of amounts borrowed
c. borrowing cash
d. making a loan
why?
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Accounting Principles
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
IFRS global edition
1-119-41959-4, 470534796, 9780470534793, 9781119419594 , 978-1119419617
