MCQs > Finance & Management > Financial Accounting > If a company issues stock to another company in order to acquire a parcel of land, where will that transaction be disclosed (if material)?

Financial Accounting MCQs

If a company issues stock to another company in order to acquire a parcel of land, where will that transaction be disclosed (if material)?

Answer

Correct Answer: As a footnote in the Statement of cashflows or in other disclosure notes as part of the financials.

Explanation:

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Your Skill Level: Poor

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