单选题 Which of the following transactions would least likely be reported in the cash flow statement as investing cash flows? A. Purchase of real estate with cash borrowed from a bank. B. Sale of held-to-maturity securities for cash. C. Purchase of plant and equipment used in the manufacturing process with financing provided by the seller.

【正确答案】 C

【答案解析】The purchase of plant and equipment with financing provided by the seller is a non-cash transaction. Non-cash transactions are disclosed separately in a note or supplementary schedule to the cash flow statement.