(Learning Objective 1) Which of the following is not one of the activities found on the statement of cash flows ? a. Administrative activities b. Financing activities c. Investing activities d. Operating activities

Question

Want to see more full solutions like this?

Answer 1

Textbook Question

Chapter 13, Problem 1QC

(Learning Objective 1) Which of the following is not one of the activities found on the statement of cash flows?

a. Administrative activities
b. Financing activities
c. Investing activities
d. Operating activities

Expert Solution & Answer

To determine

To identify: The activity which is not one of the activities found on the statement of cash flows.

Answer to Problem 1QC

Option a. The activities which are not one of the activities found on the statement of cash flows are administrative activities.

Explanation of Solution

a.

Administrative activities: This is the correct option because administrative activities are not taken into account while preparing the cash flow statement. The cash flow statement includes operating, investing and financing activities only.

b.

Financing activities: The activities which are associated with the issuance of shares, payment of loans are termed as financing activities. These activities are a part of the cash flow statement. Thus, this option is incorrect.

c.

Investing activities: This option is incorrect as the investing activities are not among those activities which are not included in cash flow statement. Investing activities deal with the sale and purchase of the fixed assets of the company and these are part of cash flow statement.

d.

Operating activities: The activities which involve the day to day operations like sale and purchase of goods or rendering of services are inculcated in operating activities. Operating activities are primarily included while making the statement of cash flows. Thus, this option is incorrect.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

High Return Manufacturing company has a beginning finished goods inventory of $19,600, raw material purchases of $28,000, cost of goods manufactured of $36,500, and an ending finished goods inventory of $22,800. The cost of goods sold for this company is?

Can you please give me correct solution for this general accounting question?

Please give me answer general accounting question

Answer 2

Textbook Question

Chapter 13, Problem 1QC

(Learning Objective 1) Which of the following is not one of the activities found on the statement of cash flows?

a. Administrative activities
b. Financing activities
c. Investing activities
d. Operating activities

Expert Solution & Answer

To determine

To identify: The activity which is not one of the activities found on the statement of cash flows.

Answer to Problem 1QC

Option a. The activities which are not one of the activities found on the statement of cash flows are administrative activities.

Explanation of Solution

a.

Administrative activities: This is the correct option because administrative activities are not taken into account while preparing the cash flow statement. The cash flow statement includes operating, investing and financing activities only.

b.

Financing activities: The activities which are associated with the issuance of shares, payment of loans are termed as financing activities. These activities are a part of the cash flow statement. Thus, this option is incorrect.

c.

Investing activities: This option is incorrect as the investing activities are not among those activities which are not included in cash flow statement. Investing activities deal with the sale and purchase of the fixed assets of the company and these are part of cash flow statement.

d.

Operating activities: The activities which involve the day to day operations like sale and purchase of goods or rendering of services are inculcated in operating activities. Operating activities are primarily included while making the statement of cash flows. Thus, this option is incorrect.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Textbook Question

Chapter 13, Problem 1QC

(Learning Objective 1) Which of the following is not one of the activities found on the statement of cash flows?

a. Administrative activities
b. Financing activities
c. Investing activities
d. Operating activities

Expert Solution & Answer

To determine

To identify: The activity which is not one of the activities found on the statement of cash flows.

Answer to Problem 1QC

Option a. The activities which are not one of the activities found on the statement of cash flows are administrative activities.

Explanation of Solution

a.

Administrative activities: This is the correct option because administrative activities are not taken into account while preparing the cash flow statement. The cash flow statement includes operating, investing and financing activities only.

b.

Financing activities: The activities which are associated with the issuance of shares, payment of loans are termed as financing activities. These activities are a part of the cash flow statement. Thus, this option is incorrect.

c.

Investing activities: This option is incorrect as the investing activities are not among those activities which are not included in cash flow statement. Investing activities deal with the sale and purchase of the fixed assets of the company and these are part of cash flow statement.

d.

Operating activities: The activities which involve the day to day operations like sale and purchase of goods or rendering of services are inculcated in operating activities. Operating activities are primarily included while making the statement of cash flows. Thus, this option is incorrect.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Textbook Question

Chapter 13, Problem 1QC

(Learning Objective 1) Which of the following is not one of the activities found on the statement of cash flows?

a. Administrative activities
b. Financing activities
c. Investing activities
d. Operating activities

Expert Solution & Answer

To determine

To identify: The activity which is not one of the activities found on the statement of cash flows.

Answer to Problem 1QC

Option a. The activities which are not one of the activities found on the statement of cash flows are administrative activities.

Explanation of Solution

a.

Administrative activities: This is the correct option because administrative activities are not taken into account while preparing the cash flow statement. The cash flow statement includes operating, investing and financing activities only.

b.

Financing activities: The activities which are associated with the issuance of shares, payment of loans are termed as financing activities. These activities are a part of the cash flow statement. Thus, this option is incorrect.

c.

Investing activities: This option is incorrect as the investing activities are not among those activities which are not included in cash flow statement. Investing activities deal with the sale and purchase of the fixed assets of the company and these are part of cash flow statement.

d.

Operating activities: The activities which involve the day to day operations like sale and purchase of goods or rendering of services are inculcated in operating activities. Operating activities are primarily included while making the statement of cash flows. Thus, this option is incorrect.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Textbook Question

Answer 6

Textbook Question

Answer 7

Expert Solution & Answer

To determine

To identify: The activity which is not one of the activities found on the statement of cash flows.

Answer to Problem 1QC

Option a. The activities which are not one of the activities found on the statement of cash flows are administrative activities.

Explanation of Solution

a.

Administrative activities: This is the correct option because administrative activities are not taken into account while preparing the cash flow statement. The cash flow statement includes operating, investing and financing activities only.

b.

Financing activities: The activities which are associated with the issuance of shares, payment of loans are termed as financing activities. These activities are a part of the cash flow statement. Thus, this option is incorrect.

c.

Investing activities: This option is incorrect as the investing activities are not among those activities which are not included in cash flow statement. Investing activities deal with the sale and purchase of the fixed assets of the company and these are part of cash flow statement.

d.

Operating activities: The activities which involve the day to day operations like sale and purchase of goods or rendering of services are inculcated in operating activities. Operating activities are primarily included while making the statement of cash flows. Thus, this option is incorrect.

Answer 8

Expert Solution & Answer

To determine

To identify: The activity which is not one of the activities found on the statement of cash flows.

Answer to Problem 1QC

Option a. The activities which are not one of the activities found on the statement of cash flows are administrative activities.

Explanation of Solution

a.

Administrative activities: This is the correct option because administrative activities are not taken into account while preparing the cash flow statement. The cash flow statement includes operating, investing and financing activities only.

b.

Financing activities: The activities which are associated with the issuance of shares, payment of loans are termed as financing activities. These activities are a part of the cash flow statement. Thus, this option is incorrect.

c.

Investing activities: This option is incorrect as the investing activities are not among those activities which are not included in cash flow statement. Investing activities deal with the sale and purchase of the fixed assets of the company and these are part of cash flow statement.

d.

Operating activities: The activities which involve the day to day operations like sale and purchase of goods or rendering of services are inculcated in operating activities. Operating activities are primarily included while making the statement of cash flows. Thus, this option is incorrect.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

To determine

To identify: The activity which is not one of the activities found on the statement of cash flows.

Answer 12

Answer to Problem 1QC

Option a. The activities which are not one of the activities found on the statement of cash flows are administrative activities.

Answer 13

Explanation of Solution

a.

Administrative activities: This is the correct option because administrative activities are not taken into account while preparing the cash flow statement. The cash flow statement includes operating, investing and financing activities only.

b.

Financing activities: The activities which are associated with the issuance of shares, payment of loans are termed as financing activities. These activities are a part of the cash flow statement. Thus, this option is incorrect.

c.

Investing activities: This option is incorrect as the investing activities are not among those activities which are not included in cash flow statement. Investing activities deal with the sale and purchase of the fixed assets of the company and these are part of cash flow statement.

d.

Operating activities: The activities which involve the day to day operations like sale and purchase of goods or rendering of services are inculcated in operating activities. Operating activities are primarily included while making the statement of cash flows. Thus, this option is incorrect.

Answer 14

Ch. 13 - (Learning Objective 1) Which of the following is...Ch. 13 - Prob. 2QC Ch. 13 - Prob. 3QC Ch. 13 - Prob. 4QC Ch. 13 - Prob. 5QC Ch. 13 - Prob. 6QC Ch. 13 - Prob. 7QC Ch. 13 - Prob. 8QC Ch. 13 - Prob. 9QC Ch. 13 - (Learning Objective 3) Which one of the following...

(Learning Objective 1) Which of the following is not one of the activities found on the statement of cash flows ? a. Administrative activities b. Financing activities c. Investing activities d. Operating activities

Videos

Answer to Problem 1QC

Explanation of Solution

Want to see more full solutions like this?

Chapter 13 Solutions