Examples of Transactions That Must Be Disclosed as Noncash Investing

Multiple Choice

Examples of transactions that must be disclosed as noncash investing and financing activities include:

A) The conversion of debt securities to equity securities.
B) The purchase of long-term assets financed by a cash down payment and a note payable to the seller for the balance.
C) The leasing of assets in a transaction that qualifies as a finance lease.
D) The purchase of noncash assets in exchange for equity or debt securities.
E) All of these answers are correct.