Which of the statements is NOT TRUE about the Statement of Cash Flows? a) Collection of receivables is an operating activity b) Payment of suppliers is a financing activity c) Issuing new shares is a financing activity d) Purchase of Machinery & Equipment is an investing activity

Which of the statements is NOT TRUE about the Statement of Cash Flows? a) Collection of receivables is an operating activity b) Payment of suppliers is a financing activity c) Issuing new shares is a financing activity d) Purchase of Machinery & Equipment is an investing activity

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 3MC: Which is the proper order of the sections of the statement of cash flows? A. financing, investing,...

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Question

Which of the statements is NOT TRUE about the Statement of Cash Flows?
a) Collection of receivables is an operating activity
b) Payment of suppliers is a financing activity
c) Issuing new shares is a financing activity
d) Purchase of Machinery & Equipment is an investing activity

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