A Transaction That Would Appear as an Application of Funds

Multiple Choice

A transaction that would appear as an application of funds on a conventional funds statement using the all-financial-resources concept, but not on a statement using the traditional working capital concept would be the

A) Acquisition of property, plant, and equipment for cash
B) Reacquisition of bonds issued by the reporting entity
C) Acquisition of property, plant, and equipment with an issue of common stock
D) Declaration and payment of dividends