举一反三
- Under the indirect method of preparing a statement of cash flows, amortization expense for the current period is:
- Depreciation expense is not reported on a statement of cash flows prepared under the direct method.
- Depreciation expense is not reported on a statement of cash flows prepared under the direct method. A: 正确 B: 错误
- Operating cash flows have to be presented according to the direct method in the statement of cash flows
- - Which of the following is shown in the statement of cash flows? A: Depreciation B: Cash flows from charitable donations C: Cash flows from profits of the business D: None of the above
内容
- 0
Which of the following statements regarding depreciation expense in the cash flow statements is TRUE Depreciation is: A: added back to net income when determining CFO using the direct method. B: added back to net income when determining CFO using the indirect method. C: considered a cash item.
- 1
Cash<br/>flows are grouped in the statement of cash flows into the following<br/>major categories( ) A: Cash receipts, cash disbursements, and noncash activities B: Direct cash flows and indirect cash flows C: Operating activities, investing activities, and financing activities D: Operating activities, investing activities, and collecting activities
- 2
Cash payments to suppliers would appear on a statement of cash flows using the direct method as a(n) A: operating activity. B: debt activity. C: financing activity. D: equity activity. E: investing activity.
- 3
Which of the following is reported on the statement of cash flows? (<br/>) A: cash<br/>and cash equivalent B: wages<br/>expense C: cash paid for rent D: wages payable
- 4
Which of the following activities would appear as a source of' funds on the Statement of Cash Flows（） A: Inventory is increased. B: A decrease in accounts payable. C: Depreciation expense.