ACC 250 Chapter 12 Flashcards
1
Q
Purpose of the Statement of Cash Flows?
A
(P 550 and Lecture Notes)
2
Q
What are the operating activities?
A
(P 552 and 14)
3
Q
What are investing activities?
A
(P 552 and 14)
4
Q
Relationship of three activities and the balance sheet?
A
(Example 12.2)
5
Q
Activities required by a start up company before operating activities can begin?
A
(No page given)
6
Q
Treatment of current assets and liabilities in operating section?
A
(P 557)
7
Q
Treatment of depreciation in operating section?
A
(P 557)
8
Q
Which activities must be positive in the long run?
A
(P 565)
