Question Details

The acquisition of a building by issuing bonds 



True or false:
1.	The acquisition of a building by issuing bonds would be considered an investing and financing activity that did not affect cash.

	2.	All major financing and investing activities affect cash.

	3.	Cash provided by operations is generally equal to operating income.

	4.	Using the indirect method, an increase in accounts receivable during a period is deducted from net income in calculating cash provided by operations.

	5.	Using the indirect method, an increase in accounts payable during a period is deducted from net income in calculating cash provided by operations.




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