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Author Question: The safest way to make sure that all investing activities have been identified is to (Read 252 times)

mt05945

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Question 1

Investing activities include all of the following except
◦ purchases and sales of property and equipment.
◦ issuing and repaying debt.
◦ purchases and sales of another company's stock.
◦ loans made to others and collected.

Question 2

The safest way to make sure that all investing activities have been identified is to
◦ identify any invoices received for property and equipment acquisitions.
◦ examine a company's balance sheet line by line.
◦ examine all purchase orders processed during the period.
◦ examine a company's income statement line by line.


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Marked as best answer by mt05945 on Feb 5, 2023

Nutellas_Good

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mt05945

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Reply 2 on: Feb 5, 2023
:D TYSM


fatboyy09

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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