Question 1

The financing section of the statement of cash flows involves transactions relating to the equity accounts and the long-term liability accounts.

Accepted Answer

A) True 
 B)False

Question 2

Planned investments and cash dividends are deducted from ________ to arrive at free cash flow.

Accepted Answer

A)   net cash provided by operating activities
B)   net cash provided by investing activities
C)   net cash provided by financing activities
D)   net incomeE) A) and C)
F) A) and B)

Question 3

Which of the following statements accurately describes the statement of cash flows?

Accepted Answer

A)   It shows the relative proportion of debt and assets.
B)   It is the link between the accrual-based income statement and the cash reported on the balance sheet.
C)   It indicates when long-term debt will mature.
D)   It is the link between net income and earnings per share.E) A) and D)
F) B) and D)

Question 4

The financing activities section of the statement of cash flows includes activities that affect current assets and current liabilities.

Accepted Answer

A) True 
 B)False

Exam 16: The Statement of Cash Flows

The financing activities section of the statement of cash flows includes activities that affect current assets and current liabilities.

Correct Answer
verified

The financing section of the statement of cash flows involves transactions relating to the equity accounts and the long-term liability accounts.

Correct Answer
verified

Which of the following statements accurately describes the statement of cash flows?

Correct Answer
verified

Planned investments and cash dividends are deducted from ________ to arrive at free cash flow.

Correct Answer
verified

Exam 16: The Statement of Cash Flows

The financing activities section of the statement of cash flows includes activities that affect current assets and current liabilities.

Correct AnswerverifiedShow Answer

The financing section of the statement of cash flows involves transactions relating to the equity accounts and the long-term liability accounts.

Correct AnswerverifiedShow Answer

Which of the following statements accurately describes the statement of cash flows?

Correct AnswerverifiedShow Answer

Planned investments and cash dividends are deducted from ________ to arrive at free cash flow.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified