Which of the following activity sections on the statement of cash flows would include the acquisition of a building by issuing common stock?
A)Investing section
B)Financing section
C)Operating section
D)None of the above

Question

Quizplus · Accepted Answer

The acquisition of a building by issuing common stock is a non-cash transaction and would not appear in any of the cash flow statement sections (Operating, Investing, or Financing). It would typically be disclosed in the notes to the financial statements.

Which of the Following Activity Sections on the Statement of Cash