Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

The Financial Statements

Financial Accounting

1. Introduction to Accounting

The Financial Statements

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Multiple Choice

Which of the following activities is NOT a category reported on the statement of cash flows?

Marketing activities

Investing activities

Operating activities

Financing activities

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Understand the purpose of the statement of cash flows: It categorizes cash inflows and outflows into three main activities—Operating, Investing, and Financing—to provide insights into a company's cash management.

Define each category: Operating activities include cash flows from day-to-day business operations (e.g., sales revenue, expenses). Investing activities involve cash flows from the purchase or sale of long-term assets (e.g., equipment, investments). Financing activities include cash flows related to borrowing, repaying debt, or issuing equity.

Identify the term 'Marketing activities': Marketing activities are part of a company's operational strategy but are not a distinct category reported on the statement of cash flows. They are typically included under Operating activities as part of expenses.

Compare the options provided: Analyze each option to determine whether it aligns with the three categories reported on the statement of cash flows.

Conclude that 'Marketing activities' is NOT a category reported on the statement of cash flows, as it is a subset of Operating activities rather than a standalone category.