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    Intermediate Accounting Study Set 9
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    Exam 5: Balance Sheet and Statement of Cash Flows
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    In Preparing a Statement of Cash Flows, Sale of Treasury
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In Preparing a Statement of Cash Flows, Sale of Treasury

Question 43

Question 43

Multiple Choice

In preparing a statement of cash flows, sale of treasury stock at an amount greater than cost would be classified as a(n)


A) operating activity.
B) financing activity.
C) extraordinary activity.
D) investing activity.

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