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Accounting

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1. a company issues 1 million RM1 shares at RM1.30 per share, what will be the effect on the statement of cash flows? Select one: a. Cash flows from investing activities will increase by RM1.3 million. b. Cash flows from financing activities will increase by RM1.0 million. c. Cash flows from investing activities will increase by RM1.0 million. d. Cash flows from financing activities will increase by RM1.3 million.

2.The most likely cost driver of distribution costs is the: Select one: a. number of miles driven b. number of parts within the product c. number of products manufactured ?? d. number of production hours