AC210 Exam One Review
Authored by Kennedy Worrell
Business
University
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49 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If there are investors and creditors involved, what type of cash flow is most likely happening?
Operating
Investing
Financing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If Apple buys stock in IBM what type of activity would that be?
Investing
Operating
Financing
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How would paying taxes to the IRS be classified?
Operating
Investing
Financing
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a company buys resources that last several years, this is most likely considered a _____ activity
Operating
Investing
Financing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Resources of the company
Liability
Operating Activity
Assets
Stockholders Equity
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amounts owed to other people
Asset
Liability
Stockholder's Equity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Distributions to Stockholders
Liabilities
Dividends
Retained Earnings
Assets
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