Amortization of excesses in periods subsequent to the purchase would affect which sections of a consolidated cash flow statement?

Question

Quizplus · Accepted Answer

The amortization of excesses would affect the operating activity section of the consolidated cash flow statement, as it is a non-cash expense that reduces net income. It would not affect the financing or investing activity sections, as these relate to cash inflows and outflows related to financing and investing transactions, respectively.

Amortization of Excesses in Periods Subsequent to the Purchase Would