Each of the following is an example of a significant non-cash activity except
A) conversion of bonds into ordinary shares.
B) exchanges of plant assets.
C) issuance of debt to purchase assets.
D) share dividends.

Question

Quizplus · Accepted Answer

The other three options involve significant non-cash activities where assets, such as bonds or plant assets, are being exchanged or converted. However, share dividends do not involve any exchange of assets and are distributed to shareholders as a portion of the company's profits. Therefore, D is the correct answer as it does not represent a significant non-cash activity.

Each of the Following Is an Example of a Significant