Question: 42 .Which section of the Cash Flow Statement would include the purchase of vehicles? A. Operating activities B. Investing activities C. Financing activities D.The purchase

42 .Which section of the Cash Flow Statement would include the purchase of vehicles?

A. Operating activities

B. Investing activities

C. Financing activities

D.The purchase of vehicles is not shown on the Cash Flow Statement.

43. Which section of the Cash Flow Statement would include revenues?

A. Operating activities

B. Investing activities

C. Financing activities

D.Revenues are not shown on the Cash Flow Statement.

44. Which of the following would be shown as a deduction under operating activities on the Cash Flow Statement?

A. Depreciation expense

B. Increase in accounts payable

C. Increase in inventory

D. Decrease in accounts receivable

45. Which of the following would be shown as a deduction under financing activities on the Cash Flow Statement?

A. Issuance of long-term debt

B. Repayment of long-term debt

C. Issuance of common stock

D. Payment of interest

46. How is a gain on the sale of equipment shown on the Cash Flow Statement?

A. A deduction under operating activities

B. An addition under operating activities

C. A deduction under investing activities

D. An addition under investing activities

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