Chapter 23 - Statement of Cash Flows
CHAPTER 23
Statement of Cash Flows
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Topics|Questions|Brief Exercises|Exercises|Problems| Concepts for Analysis|
1.|Format, objectives purpose, and source of statement.|1, 2, 7,8, 12||||1, 2, 5, 6|
2.|Classifying investing, financing, and operating activities.|3, 4, 5, 6, 16, 17, 19,24|1, 2, 3, 6, 7, 8, 12|1, 2, 10||1, 3, 4, 5|
3.|Direct vs. indirect methods of preparing operating activities.|9, 20|4, 5, 9, 10, 11|3, 4||5|
4.|Statement of cash flows— direct method.|11, 13, 14|8|3, 5, 7, 9, 12, 13|3, 4, 6||
5.|Statement of cash flows— indirect method.|10, 13, 15, 16|8|4, 6, 8, 11, 14, 15, 16, 17, 18, 20|1, 2, 4, 5, 6, 7, 8, 9|2|
6.|Preparing schedule of noncash investing and financing activities.|18|12||5, 7, 8, 9|5|
7.|Worksheet adjustments.|21|13|19, 21|||
ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Learning Objectives| Brief Exercises|Exercises|Problems|
1. Describe the purpose of the statement of cash flows.||||
2. Identify the major classifications of cash flows.|3|1, 2, 10, 16||
3. Differentiate between net income and net cash flows from operating activities.|4, 5, 9, 10, 11|2, 3, 4, 5, 6, 7, 8, 16|6, 7|
4. Contrast the direct and indirect methods of calculating net cash flow from operating activities. |4, 5, 6, 7, 9|3, 4, 5, 6, 7, 8|6, 7|
5. Determine net cash flows from investing and financing activities. |1, 2|16||
6. Prepare a statement of cash flows.|8|9, 11, 12, 13, 14, 15, 17, 18|1, 2, 3, 4, 5, 6, 7, 8, 9|
7. Identify sources of information for a statement of cash flows. |||1, 2, 4, 5, 8, 9|
8. Discuss special problems in preparing a statement of cash flows. |12|10, 18|1, 2, 4, 5, 6, 7, 8, 9|
9. Explain the use of a worksheet in preparing a statement of cash flows. |13|19, 20, 21||
ASSIGNMENT CHARACTERISTICS TABLE
Item||Description|Level of Difficulty|Time (minutes)| E23-1||Classification of transactions.|Simple|10–15| E23-2||Statement presentation of
Statement of Cash Flows
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Topics|Questions|Brief Exercises|Exercises|Problems| Concepts for Analysis|
1.|Format, objectives purpose, and source of statement.|1, 2, 7,8, 12||||1, 2, 5, 6|
2.|Classifying investing, financing, and operating activities.|3, 4, 5, 6, 16, 17, 19,24|1, 2, 3, 6, 7, 8, 12|1, 2, 10||1, 3, 4, 5|
3.|Direct vs. indirect methods of preparing operating activities.|9, 20|4, 5, 9, 10, 11|3, 4||5|
4.|Statement of cash flows— direct method.|11, 13, 14|8|3, 5, 7, 9, 12, 13|3, 4, 6||
5.|Statement of cash flows— indirect method.|10, 13, 15, 16|8|4, 6, 8, 11, 14, 15, 16, 17, 18, 20|1, 2, 4, 5, 6, 7, 8, 9|2|
6.|Preparing schedule of noncash investing and financing activities.|18|12||5, 7, 8, 9|5|
7.|Worksheet adjustments.|21|13|19, 21|||
ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Learning Objectives| Brief Exercises|Exercises|Problems|
1. Describe the purpose of the statement of cash flows.||||
2. Identify the major classifications of cash flows.|3|1, 2, 10, 16||
3. Differentiate between net income and net cash flows from operating activities.|4, 5, 9, 10, 11|2, 3, 4, 5, 6, 7, 8, 16|6, 7|
4. Contrast the direct and indirect methods of calculating net cash flow from operating activities. |4, 5, 6, 7, 9|3, 4, 5, 6, 7, 8|6, 7|
5. Determine net cash flows from investing and financing activities. |1, 2|16||
6. Prepare a statement of cash flows.|8|9, 11, 12, 13, 14, 15, 17, 18|1, 2, 3, 4, 5, 6, 7, 8, 9|
7. Identify sources of information for a statement of cash flows. |||1, 2, 4, 5, 8, 9|
8. Discuss special problems in preparing a statement of cash flows. |12|10, 18|1, 2, 4, 5, 6, 7, 8, 9|
9. Explain the use of a worksheet in preparing a statement of cash flows. |13|19, 20, 21||
ASSIGNMENT CHARACTERISTICS TABLE
Item||Description|Level of Difficulty|Time (minutes)| E23-1||Classification of transactions.|Simple|10–15| E23-2||Statement presentation of