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Which of the following is always reported as an outflow of cash? Multiple Choice O The accrual of warranty expense. O The declaration of a

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Which of the following is always reported as an outflow of cash? Multiple Choice O The accrual of warranty expense. O The declaration of a cash dividend. The purchase of equipment for cash. Amortization expense. -Quiz Which of the following causes a change in cash? Multiple Choice Accrual of interest payable. O Recording of depreciation expense. O Write-off of an uncollectible account. O Payment of a cash dividend declared in the previous fiscal year. In a statement of cash flows: Multiple Choice o Operating activities are the same activities as reported in the income statement. O The two primary reporting classifications of cash flows are inflows and outlows. O No noncash transactions are reported in the statement itself or the related footnote. Inflows and outflows for cash equivalents are reported as operating activities Cash flows from financing activities do not include: Multiple Choice O cash received from issuing preferred stock. O cash paid for treasury stock. declaration of a cash dividend. repayment of a bank loan

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