Question 1

All cash transactions eventually affect noncash ___________ accounts.

Accepted Answer

The answer of All cash transactions eventually affect noncash ___________...

Question 2

Probably the most important section of the statement of cash flows in analyzing the financial performance of a company's ongoing business is the ____________ section.

Accepted Answer

The answer of Probably the most important section of the...

Question 3

___________________ activities include those transactions that affect long-term liabilities and equity.

Accepted Answer

The answer of ___________________ activities include those transactions that affect...

Question 4

The use of a spreadsheet for analysis is especially useful when preparing the statement of cash flows using the _____________ method.

Accepted Answer

The answer of The use of a spreadsheet for analysis...

Question 5

The FASB requires a reconciliation of net income to net cash provided or used by operating activities when the ______________ method is used.

Accepted Answer

The answer of The FASB requires a reconciliation of net...

Question 6

When preparing the operating section of the statement of cash flows using the indirect method,noncash expenses are _____________ net income.

Accepted Answer

The answer of When preparing the operating section of the...

Question 7

Investments that are readily convertible to a known amount of cash and are sufficiently close to their maturity so that the market value is unaffected by interest rate changes are ______________________________.

Accepted Answer

The answer of Investments that are readily convertible to a...

Question 8

Information to prepare the statement of cash flows usually comes from three sources: (1)_______________, (2)_______________________,and (3)____________________.
Answers can appear in any order.

Accepted Answer

The answer of Information to prepare the statement of cash...

Question 9

Noncash financing and investing activities are disclosed in a ____________ or in a separate ______________________________.
Answers can appear in any order.

Accepted Answer

The answer of Noncash financing and investing activities are disclosed...

Question 10

_____________ activities include the cash effects of transactions and events that determine net income.

Accepted Answer

The answer of _____________ activities include the cash effects of...

Question 11

___________________ activities generally include those transactions and events that affect long-term assets.

Accepted Answer

The answer of ___________________ activities generally include those transactions and...

Question 12

The statement of cash flows is divided into three sections called the _____________,_____________,and _______________ sections.
Answers can appear in any order.

Accepted Answer

The answer of The statement of cash flows is divided...

Question 13

The reporting of investing and financing activities is _________________ under the direct and indirect methods of preparing the statement of cash flows.

Accepted Answer

The answer of The reporting of investing and financing activities...

Question 14

The cash flow on total assets ratio is computed by dividing _____________ by ____________.
(Answers must appear in this order. )

Accepted Answer

The answer of The cash flow on total assets ratio...

Quiz 16: Reporting the Statement of Cash Flows

All cash transactions eventually affect noncash ___________ accounts.

Probably the most important section of the statement of cash flows in analyzing the financial performance of a company's ongoing business is the ____________ section.

___________________ activities include those transactions that affect long-term liabilities and equity.

The use of a spreadsheet for analysis is especially useful when preparing the statement of cash flows using the _____________ method.

The FASB requires a reconciliation of net income to net cash provided or used by operating activities when the ______________ method is used.

When preparing the operating section of the statement of cash flows using the indirect method,noncash expenses are _____________ net income.

Investments that are readily convertible to a known amount of cash and are sufficiently close to their maturity so that the market value is unaffected by interest rate changes are ______________________________.

Information to prepare the statement of cash flows usually comes from three sources: (1)___, (2)_,and (3)__________. Answers can appear in any order.

Noncash financing and investing activities are disclosed in a or in a separate __________________. Answers can appear in any order.

_____________ activities include the cash effects of transactions and events that determine net income.

___________________ activities generally include those transactions and events that affect long-term assets.

The statement of cash flows is divided into three sections called the _______,_,and _________ sections. Answers can appear in any order.

The reporting of investing and financing activities is _________________ under the direct and indirect methods of preparing the statement of cash flows.

The cash flow on total assets ratio is computed by dividing _ by . (Answers must appear in this order. )

Quiz 16: Reporting the Statement of Cash Flows

All cash transactions eventually affect noncash ___________ accounts.

Probably the most important section of the statement of cash flows in analyzing the financial performance of a company's ongoing business is the ____________ section.

___________________ activities include those transactions that affect long-term liabilities and equity.

The use of a spreadsheet for analysis is especially useful when preparing the statement of cash flows using the _____________ method.

The FASB requires a reconciliation of net income to net cash provided or used by operating activities when the ______________ method is used.

When preparing the operating section of the statement of cash flows using the indirect method,noncash expenses are _____________ net income.

Investments that are readily convertible to a known amount of cash and are sufficiently close to their maturity so that the market value is unaffected by interest rate changes are ______________________________.

Information to prepare the statement of cash flows usually comes from three sources: (1)_______________, (2)_______________________,and (3)____________________. Answers can appear in any order.

Noncash financing and investing activities are disclosed in a ____________ or in a separate ______________________________. Answers can appear in any order.

_____________ activities include the cash effects of transactions and events that determine net income.

___________________ activities generally include those transactions and events that affect long-term assets.

The statement of cash flows is divided into three sections called the _____________,_____________,and _______________ sections. Answers can appear in any order.

The reporting of investing and financing activities is _________________ under the direct and indirect methods of preparing the statement of cash flows.

The cash flow on total assets ratio is computed by dividing _____________ by ____________. (Answers must appear in this order. )

Information to prepare the statement of cash flows usually comes from three sources: (1)___, (2)_,and (3)__________. Answers can appear in any order.

Noncash financing and investing activities are disclosed in a or in a separate __________________. Answers can appear in any order.

The statement of cash flows is divided into three sections called the _______,_,and _________ sections. Answers can appear in any order.

The cash flow on total assets ratio is computed by dividing _ by . (Answers must appear in this order. )