4. Which of the following income statement items are included in "Selling and administrative expenses"? O A) Salaries, insurance, interest. B) Salaries, rent, advertising. O C) Rent, interest, cost of goods. O D) Advertising, research & development, amortization. O E) None of the above. 5. The statement of cash flows includes: OA) Financing Activities

4. Which of the following income statement items are included in "Selling and administrative expenses"? O A) Salaries, insurance, interest. B) Salaries, rent, advertising. O C) Rent, interest, cost of goods. O D) Advertising, research & development, amortization. O E) None of the above. 5. The statement of cash flows includes: OA) Financing Activities

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 39E: Reporting Net Cash Flow from Operating Activities The following information is available for...

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Question

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4. Which of the following income statement items are included in "Selling and
administrative expenses"? *
O A) Salaries, insurance, interest.
O B) Salaries, rent, advertising.
O C) Rent, interest, cost of goods.
O D) Advertising, research & development, amortization.
O E) None of the above.
5. The statement of cash flows includes: *
O A) Financing Activities
O B) Operating Activities
O C Investing Activities
D) All of the Above
O E) None of the above
1000 AM
o 0 0 0 O

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