The purchase of securities available for sale but not considered cash equivalents would be classified into which of the following categories for purposes of disclosure in the Statement of Cash Flows?
A) Operating cash flow
B) Investing cash flow
C) Financing cash flow
D) Item reconciling earnings and operating cash flow
E) Not a cash flow or reconciling item
Correct Answer:
Verified
Q127: The following was provided by the
Q128: VJC received the following cash inflows
Q129: KWB made the following cash outflows
Q130: MNO's books for the period ended
Q131: RJB made inventory purchases amounting to $200,000
Q133: ABC reported sales revenue of $100,000 and
Q134: During 2016, ABC Inc. Accounts Payable balance
Q135: During 2016, ABC Inc. Accounts Receivable balance
Q136: As per ASPE, Dividends received from trading
Q137: MNO reported net income of $42,000
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents