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Lecture Notes for ACIS 2115 - Principles of Accounting at Virginia Tech (VT)

Notes Information

Material Type:Note
Professor:Staff
Class:ACIS 2115 - Principles of Accounting
Subject:Accounting & Information Systems
University:Virginia Polytechnic Institute And State University
Term:Fall 2005
Keywords:
  • Authorized Stock
  • Cash Outflow
  • Net Cash Inflow
  • Treasury Stock
  • Investing Activities
  • Issued Stock
  • Operating Activity
  • Outstanding Stock
  • Financing Activities
  • Declaration Date
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DISCLAIMER: This is not meant to be representative of the material on the test. There are many items not covered on this which may be on the test. DO NOT JUST STUDY THIS!!! 1. The section often considered to be the most important section of the Statement of Cash Flows by analysts is: a. Operating section b. Investing section c. Financing section 2. The Statement of Cash Flows is a required statement by the regulatory bodies. a. True b. False 3. A company can report a net loss for the year but have positive cash flows for the same year. a. True b. False 4. Which of the following is not the proper cash flow classification used on the statement of cash flows? a. Operating cash flows b. Non-operating cash flows c. Investing cash flows d. Financing cash flows For the following, properly classify the transactions as either cash flows from operating activities (a), investing activities (b), financing activities (c), or as non-cash transactions (d). 5. Bought ...

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