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Companies Sometimes Engage in Important Investing and Financing Activities That

Question 131

Multiple Choice

Companies sometimes engage in important investing and financing activities that do not affect cash.If the amount of the transaction is significant,where should it be disclosed when financial statements are prepared?


A) in a separate section in the cash flow statement with a corresponding zero balance
B) in investing activities
C) in a note to the financial statements or in a supplemental schedule
D) in both investing and financing activities

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