Worldatwork Exam T7 Topic 2 Question 101 Discussion

Actual exam question for Worldatwork's T7 exam

Question #: 101
Topic #: 2

[All T7 Questions]

A statement of cash flows provides information on which of the following primary business activities of a company?

ACash inflows, cash outflows, payment of dividends

BOperating activities, cash inflows, cash outflows

CCash sales, investing activities, payment of dividends

DOperating, investing, and financing activities

Show Suggested Answer

Suggested Answer: D

by Jovita at Sep 13, 2024, 11:56 AM

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Nadine

10 months ago

Haha, I bet the exam makers thought they were being tricky with this one. But D is the obvious choice here.

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Pearly

9 months ago

Definitely D, it's the only one that includes all the main business activities.

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Dierdre

9 months ago

Yeah, D includes operating, investing, and financing activities. It's the most comprehensive option.

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Rebbeca

9 months ago

I agree, D is the correct choice. It covers all the primary business activities.

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Carmela

10 months ago

Wait, isn't the statement of cash flows all about the flow of cash in and out of the company? I'm going with B.

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Dante

10 months ago

Yes, B includes operating activities, cash inflows, and cash outflows. That's correct.

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Loise

10 months ago

But doesn't it also include cash inflows and outflows? I'm leaning towards B.

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Tiara

10 months ago

I agree, the statement of cash flows covers all those activities.

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Dannette

10 months ago

I think it's D, it includes operating, investing, and financing activities.

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Angelyn

11 months ago

The statement of cash flows is all about cash, so it has to be B. Cash inflows and outflows are the key things it provides information on.

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Hui

10 months ago

Yes, it's important to track where the cash is coming from and where it's going.

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Sarah

10 months ago

I agree, the statement of cash flows focuses on cash movements.

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Marvel

10 months ago

I think it's B. Operating activities, cash inflows, cash outflows.

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Brett

11 months ago

I believe it's important to know where the cash is coming from and going to. It helps in making informed decisions.

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Corrie

11 months ago

I think the statement of cash flows covers all the primary business activities of a company, so the correct answer is D.

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Annice

10 months ago

So, the correct answer is D - operating, investing, and financing activities.

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Loren

10 months ago

Yes, it provides a breakdown of where the company's cash is coming from and going to.

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Chan

10 months ago

I think it also includes cash inflows and outflows.

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Terrilyn

11 months ago

I agree, the statement of cash flows covers operating, investing, and financing activities.

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Natalya

11 months ago

I agree with Rosenda. It helps us understand how the company is managing its cash.

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Rosenda

11 months ago

I think the statement of cash flows shows operating, investing, and financing activities.

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