Cash collections from customers are included in the ________ section of the statement of cash flows.Assume the direct method is used.
A)operating
B)financing
C)investing
D)noncash

Question

Quizplus · Accepted Answer

Cash collections from customers are considered an operating activity because they are related to the company's primary operations of generating revenue. The operating section of the statement of cash flows reports cash inflows and outflows from a company's main business activities.

Cash Collections from Customers Are Included in the ________ Section