True False ANSWER: Easy DIFFICULTY: Bloom’s: Applying ACCT.WARD.16.16-02 - 16-02 LEARNING OBJECTIVES: ACCT.ACBSP.APC.24 - Statement of Cash Flows ACCREDITING STANDARDS: ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic The declaration and issuance of a stock dividend would be reported on the statement of cash flows. True False False ANSWER: Easy DIFFICULTY: Remembering ACCT.WARD.16.16-02 - 16-02 LEARNING OBJECTIVES: ACCT.ACBSP.APC.24 - Statement of Cash Flows ACCREDITING STANDARDS: ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic If 800 shares of $40 par common stock are sold for $43,000, the $43,000 would be reported in the cash flows from financing activities section of the statement of cash flows. True False True ANSWER: Easy DIFFICULTY: Bloom’s: Remembering ACCT.WARD.16.16-02 - 16-02 LEARNING OBJECTIVES: ACCT.ACBSP.APC.24 - Statement of Cash Flows ACCREDITING STANDARDS: ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic If $475,000 of bonds payable are sold at 101, $475,000 would be reported in the cash flows from financing activities section of the statement of cash flows. True False False ANSWER: Easy DIFFICULTY: Bloom’s: Remembering ACCT.WARD.16.16-02 - 16-02 LEARNING OBJECTIVES: - Statement of Cash Flows ACCREDITING STANDARDS: ACCT.AICPA.FN.03 - Measurement
True False ANSWER: DIFFICULTY: Easy Bloom’s: Applying LEARNING OBJECTIVES: ACCT.WARD.16.16-02 - 16-02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.24 - Statement of Cash Flows ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic The declaration and issuance of a stock dividend would be reported on the statement of cash flows. True False ANSWER: False DIFFICULTY: Easy Remembering LEARNING OBJECTIVES: ACCT.WARD.16.16-02 - 16-02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.24 - Statement of Cash Flows ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic If 800 shares of $40 par common stock are sold for $43,000, the $43,000 would be reported in the cash flows from financing activities section of the statement of cash flows. True False ANSWER: True DIFFICULTY: Easy Bloom’s: Remembering LEARNING OBJECTIVES: ACCT.WARD.16.16-02 - 16-02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.24 - Statement of Cash Flows ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic If $475,000 of bonds payable are sold at 101, $475,000 would be reported in the cash flows from financing activities section of the statement of cash flows. True False ANSWER: False DIFFICULTY: Easy Bloom’s: Remembering LEARNING OBJECTIVES: ACCT.WARD.16.16-02 - 16-02 ACCREDITING STANDARDS: - Statement of Cash Flows ACCT.AICPA.FN.03 - Measurement
Test-Bank-for-Managerial-Accounting-13th-Edition-by-Warren.docx