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Fundamental Financial Accounting Concepts
Quiz 12: Statement of Cash Flows
Investing Activities on the Statement of Cash Flows Always Involve
Question 98
True False
Investing activities on the statement of cash flows always involve long-term assets,including investments.
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A cash payment to purchase treasury stock is reported on the statement of cash flows as a financing activity.
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Companies report significant noncash investing and financing activities on a schedule that accompanies the statement of cash flows.
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The three main sections of the statement of cash flows are,in order,operating activities,investing activities,and financing activities.
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