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    Financial Accounting Study Set 1
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    Exam 5: Inventories and Cost of Goods Sold
  5. Question
    Payment for the Acquisition of Inventories Is Shown on the Statement
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Payment for the Acquisition of Inventories Is Shown on the Statement

Question 166

Question 166

Multiple Choice

Payment for the acquisition of inventories is shown on the statement of cash flows as


A) An operating activity
B) An investing activity
C) A financing activity
D) Either an operating activity or a financing activity

Correct Answer:

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