单选题 A conversion of a face value $1 million convertible bond for $1 million of common stock would most likely be:

A、 A reported as a $1 million investing cash inflow and outflow.
B、 B reported as a $1 million financing cash outflow and inflow.
C、 C reported as supplementary information to the cash flow statement.
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单选题 The sale of a building for cash would be classified as what type of activity on the cash flow statement?

A、A Operating.
B、B Investing.
C、C Financing.

单选题 Cash flows from taxes on income must be separately disclosed under:

A、A IFRS only.
B、B US GAAP only.
C、C both IFRS and US GAAP.

单选题 The three major classifications of activities in a cash flow statement are:

A、A inflows, outflows, and net flows.
B、B operating, investing, and financing.
C、C revenues, expenses, and net income.

单选题 Which of the following components of the cash flow statement may be prepared under the indirect method under both IFRS and US GAAP?

A、A Operating.
B、B Investing.
C、C Financing.

单选题 Which of the following is an example of a financing activity on the cash flow statement under US GAAP?

A、A Payment of interest.
B、B Receipt of dividends.
C、C Payment of dividends.

单选题 Interest paid is classified as an operating cash flow under:

A、A US GAAP but may be classified as either operating or investing cash flows under IFRS.
B、B IFRS but may be classified as either operating or investing cash flows under US GAAP.
C、C US GAAP but may be classified as either operating or financing cash flows under IFRS.

单选题 Under which section of a manufacturing company’s cash flow statement are the following activities reported? Item 1: Purchases of securities held for trading Item 2: Purchases of securities held for investment

A、A Both items are investing activities.
B、B Only Item 1 is an operating activity.
C、C Only Item 2 is an operating activity.

单选题 A company recently engaged in a non-cash transaction that significantly affected its property, plant, and equipment. The transaction is:

A、A reported under the investing section of the cash flow statement.
B、B reported differently in cash flow from operations under the direct and indirect methods.
C、C disclosed as a separate note or in a supplementary schedule to the cash flow statement.