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

6 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

5 months ago

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

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Dierdre

5 months ago

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

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Rebbeca

5 months ago

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

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Carmela

6 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

5 months ago

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

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Loise

6 months ago

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

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Tiara

6 months ago

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

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Dannette

6 months ago

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

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Angelyn

7 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

6 months ago

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

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Sarah

6 months ago

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

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Marvel

6 months ago

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

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Brett

7 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

7 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

5 months ago

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

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Loren

6 months ago

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

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Chan

6 months ago

I think it also includes cash inflows and outflows.

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Terrilyn

6 months ago

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

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Natalya

7 months ago

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

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Rosenda

7 months ago

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

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