Chapter 21--The Statement o

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1、Chapter21--TheStatementofCashFlows3copyStudent:___________________________________________________________________________1.Receiptsofdividendsfrominvestmentsinequitysecuritieswouldbereportedinthefinancingactivitiessectionofthecashflowstatement.  True    False 2.Generatingpositivec

2、ashflowsfromoperationsisoneofthemostimportantcashflowactivitiesofacompany.  True    False 3.GAAPallowstheuseofeitherthedirectorindirectmethodsbutprefersthedirectmethod,butcompanieswhousetheindirectmethodmustalsoincludeaseparateschedulereconcilingitsnetincometonetcashflowprovidedbyo

3、peratingactivities.  True    False 4.UnderIFRSacompanyisallowedtoreportdividendsandinterestreceivedaseitheranoperatingorafinancingcashinflow.  True    False 5.Thevisualinspectionmethodisusedwhenacompanyhassimplefinancialstatementsandwhentherelationshipsbetweenthechangesinaccountbal

4、ancescanbeeasilyanalyzed.  True    False 6.Thevisualinspectionmethoddoesnotprovidesupportingdocumentationforthestatementofcashflowsduetoitssimplisticnature.  True    False 7.Thespreadsheetmethodisdesignedtodeterminechangesineachincomestatementaccountandthenreconstructtheimpliedeffe

5、ctsofthosechangesoncash.  True    False 8.Acompanyusesaspreadsheettoaccountforthechangeineachasset,liability,andshareholder’sequityaccount.  True    False 9.Whenemployeesexercisetheshareoptions,thecompanyrecordsthegrossproceedsreceivedfromtheemployeesexercisingoptionsasacashinflowi

6、ntheinvestingsection.  True    False 10.Forreportingoperatingcashflowsundertheindirectmethod,acompanyaddsanunrealizedholdinglossontradingsecuritiestonetincometohelpadjustnetincomefromanaccrualbasistoacashbasis.  True    False 11.Underthedirectmethodacompanydeductsitsoperatingcashou

7、tflowsfromitsoperatingcashinflowstodetermineitsnetcashprovidedby(orused)inoperatingactivities.  True    False 12.Underthedirectmethodacompanycomputesthecashoutflowsforoperatingactivitiesbyadjustingthevariousexpenseaccountsforchangesincertainliabilityaccountsanddeferredrevenues,andt

8、oeliminatecertain“noncash”