9:25 xuaent question 4G YB 472 (5) Time Left: 0 A list of items that may affect an IFRS-based statement of cash flows prepared using the direct method follows. Assume that the transactions are for cash unless stated otherwise. Select the letter that is associated with the categorization on the statement of cash flows for each transaction. Item Transaction Categorization on the statement of cash flows Sale of land at a loss Gain on the sale of equipment Repurchasing own shares Receipt of interest Purchase of an investment that meets the criteria of a cash equivalent held to meet short-term cash commitments Depreciation expense Leased right-of-use equipment Payment of dividends Other comprehensive income Impairment loss on a patent. A-a cash receipt in the cash flows from operations section B-a cash outflow in the cash flows from operations section C-a cash receipt in the cash flows from investments section D-a cash outflow in the cash flows from investments section E-a cash receipt in the cash flows from financing section F-a cash outflow in the cash flows from financing section G-not reported on the statement of cash flows H-an item for which there is more than one alternative for reporting I-none of the above ↑ ↑ G 12
9:25 xuaent question 4G YB 472 (5) Time Left: 0 A list of items that may affect an IFRS-based statement of cash flows prepared using the direct method follows. Assume that the transactions are for cash unless stated otherwise. Select the letter that is associated with the categorization on the statement of cash flows for each transaction. Item Transaction Categorization on the statement of cash flows Sale of land at a loss Gain on the sale of equipment Repurchasing own shares Receipt of interest Purchase of an investment that meets the criteria of a cash equivalent held to meet short-term cash commitments Depreciation expense Leased right-of-use equipment Payment of dividends Other comprehensive income Impairment loss on a patent. A-a cash receipt in the cash flows from operations section B-a cash outflow in the cash flows from operations section C-a cash receipt in the cash flows from investments section D-a cash outflow in the cash flows from investments section E-a cash receipt in the cash flows from financing section F-a cash outflow in the cash flows from financing section G-not reported on the statement of cash flows H-an item for which there is more than one alternative for reporting I-none of the above ↑ ↑ G 12
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:9:25
xuaent question
4G
YB 472
(5) Time Left: 0
A list of items that may affect an IFRS-based statement of cash flows prepared using the direct method follows. Assume
that the transactions are for cash unless stated otherwise. Select the letter that is associated with the categorization on
the statement of cash flows for each transaction. Item Transaction
Categorization on the
statement of cash flows
Sale of land at a loss
Gain on the sale of equipment
Repurchasing own shares
Receipt of interest
Purchase of an investment that meets the criteria of
a cash equivalent held to meet short-term cash
commitments
Depreciation expense
Leased right-of-use equipment
Payment of dividends
Other comprehensive income
Impairment loss on a patent. A-a cash receipt in the cash flows from operations section
B-a cash outflow in the cash flows from operations section
C-a cash receipt in the cash flows from investments section
D-a cash outflow in the cash flows from investments section
E-a cash receipt in the cash flows from financing section
F-a cash outflow in the cash flows from financing section
G-not reported on the statement of cash flows
H-an item for which there is more than one alternative for reporting
I-none of the above
↑
↑
G
12
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