Activities of the ﬁrm in which cash is spent are known as:
A) Sources of cash.
B) Uses of cash.
C) Cash payments.
D) Cash receipts.
E) Cash on hand.

Name: Activities of the ﬁrm in which cash is spent are known as: A) Sources of cash. B) Uses of cash. C) Cash payments. D) Cash receipts. E) Cash on hand.
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Question

Quizplus · Accepted Answer

Uses of cash refer to the activities of the firm in which cash is spent, including expenses such as purchasing inventory, paying wages, and investment in fixed assets.

Activities of the ﬁRm in Which Cash Is Spent Are