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Zentak Ltd Engaged in the Following Transactions

Question 1

Multiple Choice

Zentak Ltd engaged in the following transactions. For each transaction, indicate where, if at all, it would normally be classified on the statement of cash flows. For questions 16-22, assume the indirect method is used.
-Declared and issued a share dividend:


A) Operating activities section
B) Investing activities section
C) Financing activities section
D) Does not represent a cash flow

Correct Answer:

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