Financial Accounting Canadian - Test Bank
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Chapter 01 - Business Decisions and Financial Accounting 
True / False Questions 
Chapter 01 Business Decisions and Financial Accounting 
1. Building a new warehouse is an operating activity. 
TRUE 
Blooms: Understand 
Accessibility: Keyboard Navigation 
Difficulty: Easy 
Learning Objective: 01-02 Describe the purpose; structure; and content of the four basic financial statements. Topic: 01-15 The Statement of Cash Flows 
2. The payment of dividends is a financing activity. 
TRUE 
Blooms: Unders...