Quiz – Cash Flow Reports
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
The statement of cash flows reports cash flows from activities of what:
The statement of cash flows reports cash flows from activities of what:
The cash flows from investing section do not include cash flow from:
The cash flows from investing section do not include cash flow from:
Which is most likely to be classified as discontinued operations?
A company will discontinue a component of the business and to sell component by the end of year. What is amount that company would report as income from discontinued operations:
Earnings quality refers to what:
The FASB’s has a preference for reporting operating cash flows as the:
The FASB’s has a preference for reporting operating cash flows as the:
Financial statement users typically begin determining permanent earnings as:
A company decided to discontinue a component of its business. When reporting period ends, the component has yet to be sold. What is the amount that the company would report as income from discontinued operations: