Question : 61. Which of the following items reported the statement of cash : 1225389

61. Which of the following items is reported on the statement of cash flows under financing activities? 

A. Declaration of a cash dividend.

B. Payment of a cash dividend.

C. Declaration of a stock dividend.

D. Payment of a stock dividend.

E. Stock split.

62. Investing activities include the: 

A. Purchase of plant assets.

B. Lending and collecting on notes receivable.

C. Sale of short-term investments other than cash equivalents.

D. Sale of plant assets.

E. All of these.

63. The appropriate section in the statement of cash flows for reporting the cash payment of wages is: 

A. Operating activities.

B. Financing activities.

C. Investing activities.

D. Schedule of noncash investing or financing activity.

E. None of these. This is not reported on the statement of cash flows.

64. The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is: 

A. Operating activities.

B. Financing activities.

C. Investing activities.

D. Schedule of noncash investing or financing activity.

E. None of these. This is not reported on the statement of cash flows.

65. A company’s transactions with its creditors to borrow money and/or to repay the principal amounts of both short- and long-term debt are reported as cash flows from: 

A. Operating activities.

B. Investing activities.

C. Financing activities.

D. Direct activities.

E. Indirect activities.

66. The appropriate section in the statement of cash flows for reporting the receipt of cash dividends from investments in securities is: 

A. Operating activities.

B. Financing activities.

C. Investing activities.

D. Schedule of noncash investing or financing activity.

E. None of these. This is not reported on the statement of cash flows.

67. Which one of the following is representative of typical cash flows from operating activities? 

A. Proceeds from collecting the principal amounts of loans.

B. Repayment of principals on loans.

C. Proceeds from the issuance of bonds and notes payable.

D. Payments by a merchandiser to acquire equity securities of other companies.

E. Receipts of cash sales.

68. Typical cash flows from investing activities include: 

A. Payments to purchase property, plant and equipment or other productive assets (excluding inventory).

B. Proceeds from collecting the principal amount of notes receivable arising from customer sales.

C. Proceeds from collecting the principal amount of notes receivable arising from intercompany transactions.

D. Payments to acquire held-to maturity securities of other entities, except cash equivalents.

E. Proceeds from the sale of equipment.

69. If a company borrows money from a bank, the interest paid on this loan should be reported on the statement of cash flows as a(n): 

A. Operating activity.

B. Investing activity.

C. Financing activity.

D. Noncash investing and financing activity.

E. None of these. This is not reported in the statement of cash flows.

70. Cash flows from selling trading securities are usually reported in the statement of cash flows as part of: 

A. Operating activities.

B. Financing activities.

C. Investing activities.

D. Noncash activities.

E. None of these. This is not reported in the statement of cash flows.