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    Intermediate Accounting Study Set 1
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    Exam 5: Financial Position and Cash Flows
  5. Question
    In Preparing a Statement of Cash Flows, Repurchase of a Company's
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In Preparing a Statement of Cash Flows, Repurchase of a Company's

Question 7

Question 7

Multiple Choice

In preparing a statement of cash flows, repurchase of a company's own shares at an amount greater than cost would be classified as a(n)


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

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