Which is an example of a cash flow from a financing activity?
(a) Receipt of cash from the sale of land
(b) Issuance of debt for cash
(c) Purchase of equipment for cash
(d) None of the above
Ans: (b) Issuance of debt for cash
Business
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A) is restricted for informal communication only B) is expected to decline in coming years C) allows employees to communicate real-time information D) is typically recommended for sharing confidential information E) is not allowed for formal communication
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When a labor agreement has a reporting pay provision, the employer cannot be relieved of his obligation to pay
Indicate whether the statement is true or false
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