FINANCE BA511

Central New Mexico Community College

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Chapter 15 “How Well Am I Doing?”--Statement of Cash Flows

Chapter 15 “How Well Am I Doing?”--Statement of Cash Flows
Exam (elaborations) • 115 pages • 2024

Multiple Choice Questions 16.Which of the following would be considered a “use” of cash for purposes of constructing a statement of cash flows?A)a decrease in accounts receivable.B)an increase in accounts payable.C)an increase in common stock.D)a decrease in bonds payable.Ans: D AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Reporting LO: 1 Level: Medium 17.Which of the following would be considered a “source” of cash for purposes of constructing a statement of cash...