Where would cash payments for insurance appear in the statement of cash flows?
A)Operating activities section.
B)Financing activities section.
C)Investing activities section.
D)Capital activities section.
E)None of the answer choices is correct.

Question

Quizplus · Accepted Answer

Cash payments for insurance premiums are considered an operating expense and would therefore appear in the operating activities section of the statement of cash flows.

Where Would Cash Payments for Insurance Appear in the Statement