Question Details

The order of presentation of activities on the statement 


1.	Lending money and collecting the loans are
a.	operating activities.
b.	investing activities.
c.	financing activities.
d.	Non-cash investing and financing activities.

2.	The best measure of a company's ability to generate sufficient cash to continue as a going concern is net cash provided by
a.	financing activities.
b.	investing activities.
c.	operating activities.
d.	processing activities.

	3.	The acquisition of land by issuing ordinary shares is
a.	a non-cash transaction which is not reported in the body of a statement of cash flows.
b.	a cash transaction and would be reported in the body of a statement of cash flows.
c.	a non-cash transaction and would be reported in the body of a statement of cash flows.
d.	only reported if the statement of cash flows is prepared using the direct method.

	4.	The order of presentation of activities on the statement of cash flows is
a.	operating, investing, and financing.
b.	operating, financing, and investing.
c.	financing, operating, and investing.
d.	financing, investing, and operating.

5.	Financing activities include
a.	lending money.
b.	acquiring investments.
c.	issuing debt.
d.	acquiring long-lived assets.





Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help