FAR 5 Module 5 Cash Flows Flashcards
1
Q
What supplemental disclosures should be reported in the statement of cash flows under the indirect method?
A
2
Q
How are operating, investing, and financing activities treated in the statement of cash flows?
A
3
Q
Where are amortization of bond premium/discount included and how are regular bonds treated?
Operating activity?
Financing activity?
A
4
Q
What is the statement of cash flows
Operating CFs
Investing CFs
Financing CFs
A
Investing CFs
Fixed assets
Capital Expenditures
Financing
Increase Nontrade note payable: borrowing, inflow
5
Q
What is the indirect method effects of the Statement of Cash flows?
A
Opposite Cash to Accrual
6
Q
How would you calculate the net increase or decrease in cash?
A
7
Q
Where are dividends paid and dividends received located in statement of CFs
A
