CMA Study Group

 View Only
  • 1.  CMA Pop Quiz- Q208

    Posted 12-08-2017 10:57 AM
    CMA Pop Quiz: Are you preparing for the #CMA exam? Take our #CMAPopQuiz!

    During the year, Deltech Inc. acquired a long-term productive asset for $5,000, and also borrowed $10,000 from a local bank. These transactions should be reported on Deltech's Statement of Cash Flow as:

    a. Outflows for Investing Activities, $5,000; Inflows from Financial Activities, $10,000.
    b. Inflows from Investing Activities, $10,000; Outflows from Financing Activities, $5,000.
    c. Outflows for Operating Activities, $5,000; Inflows from Financing Activities, $10,000.
    d. Outflows for Financing Activites, $5,000; Inflows from Investing Activities, $10,000.

    ------------------------------
    Christine Purelis
    ------------------------------


  • 2.  RE: CMA Pop Quiz- Q208

    Posted 01-27-2018 12:41 AM
    A. outflow of investing activities  for assets and inflow of financing activities for bank loan

    ------------------------------
    THANZEELABEGAM ABDULKADER
    DUBAI
    United Arab Emirates
    ------------------------------