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    Understanding Financial Accounting Study Set 1
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    On the Statement of Cash Flows, the Repayment of Long-Term
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On the Statement of Cash Flows, the Repayment of Long-Term

Question 94

Question 94

Multiple Choice

On the Statement of Cash Flows, the repayment of long-term obligations would be considered


A) a financing activity.
B) an investing activity.
C) an operating activity.
D) a reduction in a liability.

Correct Answer:

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