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Author Question: Fees collected from students but restricted to finance construction of a student recreation facility ... (Read 97 times)

torybrooks

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on: Jul 5, 2018
Fees collected from students but restricted to finance construction of a student recreation facility should be reported in the statement of cash flows as:
 
  A. Operating activities.
  B. Noncapital financing activities.
  C. Capital and related financing activities.
  D. Investing activities.

Question 2

Which of the following does not change cumulative results of operations of a federal agency?
 
  a. Appropriations used
  b. Gains on sales of agency assets
  c. Expenses
  d. Purchase of capital assets


cegalasso

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Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

D


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