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Indicate the Reporting Classification That Would Apply to Each of the Following

Question 192

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Indicate the reporting classification that would apply to each of the following transactions

Premises:
Payment of cash dividends.
Purchase of treasury stock.
Investment of excess cash in an interest-bearing security classified as a cash equivalent.
Appropriation of retained earnings for expansion of the R&D program.
Acquisition of equipment under a finance lease agreement.
Responses:
Not reported for the statement of cash flows
Noncash financing and investing activity
Financing cash outflow
Financing cash inflow

Correct Answer:

Payment of cash dividends.
Purchase of treasury stock.
Investment of excess cash in an interest-bearing security classified as a cash equivalent.
Appropriation of retained earnings for expansion of the R&D program.
Acquisition of equipment under a finance lease agreement.
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