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Which of the Following Statements Is Not Correct

Question 98

Multiple Choice

Which of the following statements is not correct?


A) Cash flow from financing activities increases when treasury shares are resold.
B) Cash dividends decrease cash flow from financing activities.
C) Cash flow from investing activities decreases when treasury shares are purchased.
D) Issuance of new shares of stock increases cash flow from financing activities.

Correct Answer:

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