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Classification of Cash Flows and Transactions

Question 70

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Classification of cash flows and transactions
Assuming the company follows ASPE, give:
a) three distinct examples of investing activities.
b) three distinct examples of financing activities.
c) three distinct examples of significant non-cash transactions.
d) two examples of transactions not shown on a statement of cash flows.

Correct Answer:

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a) Investing activities:
purchase or sal...

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