U.S. GAAP requires that the statement of cash flows disclose the amount of cash flows arising from financing activities including
a. short-term and long-term borrowing and repaying short-term or long-term borrowing.
b. issuing of common or preferred stock and reacquiring shares of outstanding common or preferred stock.
c. payment of dividends to stockholders.
d. all of the above.
e. none of the above.
D
You might also like to view...
Which statement is true concerning an income statement?
a. The income statement shows how much profit the company has earned since it began operations. b. Net income on the income statement should be equal to the amount of cash on the balance sheet. c. The income statement summarizes the results of operations for a period of time. d. The income statement indicates the liquidity of the company on an annual basis.
Answer the following statements true (T) or false (F)
The APB was the first to successfully derive an underlying framework of postulates and principles.
In addition to a Statement of Net Position and Statement of Revenues, Expenses and Changes in Fund Net Position, which of the following statements is (are) required for proprietary funds?
A. Statement of Cash Flows. B. Budgetary Comparison Schedule. C. Both of the above. D. Neither of the above.
Putting yourself in your reader's shoes is called ________
Fill in the blank(s) with correct word