Noncash investing and financing activities are disclosed in a separate schedule that accompanies the statement of cash flows.

Question

Quizplus · Accepted Answer

Noncash investing and financing activities, such as the issuance of stock for the acquisition of a company, are reported in a separate schedule that accompanies the statement of cash flows. This schedule is called the "schedule of noncash investing and financing activities."

Noncash Investing and Financing Activities Are Disclosed in a Separate