Advanced Accounting: Chapter 4 E4-5 General Questions

BA 459

Advanced Accounting: Beams, Clement, Anthony, Lowensohn
Floyd A. Beams
Robin P. Clement
Joseph H. Anthony
Suzanne Lowensohn
9th Edition 10th Edition
Chapter 4

Exercise 4-5 (E4-5)
General questions on statement of cash flows
1. In preparing a statement of cash flows, the cost of acquiring a subsidiary is reported:

2. In computing cash flows from operating activities under the direct method, the following item is an addition:

3. In computing cash flows from operating activities under the indirect method, the following item is an addition to consolidated net income:

4. In computing cash flows from operating activities under the direct method, the following item is an addition:

5. Dividends paid as presented in a consolidated cash flow statement are:

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Advanced Accounting: Chapter 4 E4-1 General Questions

BA 459

Advanced Accounting: Beams, Clement, Anthony, Lowensohn
Floyd A. Beams
Robin P. Clement
Joseph H. Anthony
Suzanne Lowensohn
9th Edition 10th Edition
Chapter 4

Exercise 4-1 (E4-1)
General questions
1. Working paper entries normally:

2. Working paper techniques assume nominal accounts are:

3. Most errors made in consolidating financial statements will appear when:

4. Net income on consolidation working papers is:

5. On consolidation working papers, individual stockholders’ equity accounts of a subsidiary are:

6. On consolidation working papers, investment income from a subsidiary is:

7. On consolidation working papers, the investment in consolidated subsidiary account balances are:

8. On consolidation working papers, consolidated net income is determined by:

9. On consolidation working papers, consolidated end-of-the-period retained earnings is determined by:

10. Under the trial balance approach to consolidation working papers, which of the following is used?

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