U.S.GAAP requires that the statement of cash flows disclose the amount of cash flows arising fromfinancing activities including
A)short-term and long-term borrowing and repaying short-term or long-term borrowing.
B)issuing of common or preferred stock and reacquiring shares of outstanding common or preferred stock.
C)payment of dividends to stockholders.
D)all of the above.
E)none of the above.

Question

Quizplus · Accepted Answer

U.S.GAAP requires that the statement of cash flows disclose the amount of cash flows arising from financing activities, which includes short-term and long-term borrowing, repaying short-term or long-term borrowing, issuing of common or preferred stock, reacquiring shares of outstanding common or preferred stock, and payment of dividends to stockholders. Therefore, all of the options mentioned in the given choices are correct.

USGAAP Requires That the Statement of Cash Flows Disclose the Amount