- CFA Exams
- CFA Exam: Level I 2021
- Study Session 7. Financial Reporting and Analysis (2)
- Reading 23. Understanding Cash Flow Statements
- Subject 1. Classification of Cash Flows and Non-Cash Activities
CFA Practice Question
Which of the following activities is not a financing activity?
B. Issuing convertible bonds
C. Paying cash dividends
D. Borrowing money by issuing a long-term note payable
E. Purchasing land with cash
A. Retiring preferred stock
B. Issuing convertible bonds
C. Paying cash dividends
D. Borrowing money by issuing a long-term note payable
E. Purchasing land with cash
Correct Answer: E
It's an investing activity.
User Contributed Comments 1
| User | Comment |
|---|---|
| myanmar | investing not financing activity! |