1) Primarily, Which of the statement of cash flow is the product of transactions affects revenue and expenses? a) Financing Activities b) Investing Activities c) Operating Activites d) Statement of cash flows 2) Which of the following is a cash flow that is presented on the structure of cash flow statement under the operating activities section? a) Cash receipts from sales of goods b) Cash payments on drawings by owner c) Cash receipts from investments of owner d) Cash receipts from sales of property, plant, equipment 3) Which of the following is a cash flow statement that reported on a description in the investment activities section? a) Cash paid for salaries b) Cash paid for purchases of inventory c) Cash receipts on loans from a bank d) Cash payments for the acquisition of property 4) Which of the following is a cash flow presented on a statement of cash flows in the finance activities section? a) Sale of inventory on account b) Cash paid for utility expense c) Cash paid for interest expense d) Repayment of a loan from a bank 5) Which of the following are mostly the product of transactions with the owner and borrowings? a) Cash flow statement report b) Financing activities c) Investing activities d) Operating activities

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