Question

Which of the following does NOT appear on a cash flow statement? Select one: a. Donations...

Which of the following does NOT appear on a cash flow statement?

Select one:

a. Donations expense

b. Earnings from investments

c. Current market value of home

d. Emergency fund savings

e. Apartment insurance expense

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Answer #1

Ans. Is c Current market value of home

Explanation: Cash flow statement is a statement that depicts the uses and sources of cash usually classified in three activities, operations, investments and financing. Only those transactions having actual cash use or source are shown on cash flow statements and usually all expenses and earnings are shown in cash flow statement but current market value of firm has nothing to do with actual cash spent or arrived until its sold or purchased, so only possible item is current market value of home.

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