Which of the following items is reported on the statement of cash flows under financing activities?
A)Declaration of a cash dividend.
B)Payment of a cash dividend.
C)Declaration of a stock dividend.
D)Payment of a stock dividend.
E)Stock split.

Question

Quizplus · Accepted Answer

Payment of a cash dividend is reported on the statement of cash flows under financing activities, as it represents a cash outflow to the company. Declaration of a cash dividend, declaration of a stock dividend, payment of a stock dividend, and stock split are not reported as they do not involve any cash inflow or outflow.

Which of the Following Items Is Reported on the Statement