Significant non-cash transactions would not include
A) conversion of bonds into ordinary shares.
B) asset acquisition through bond issuance.
C) treasury share acquisition.
D) exchange of plant assets.

Question

Quizplus · Accepted Answer

Treasury share acquisition is a cash transaction, not a non-cash transaction. The other options involve exchanging assets or issuing bonds, which are examples of non-cash transactions.

Significant Non-Cash Transactions Would Not Include