The statement of cash flows is organized in terms of the organization's operating, investing, and financing activities.

Question

Quizplus · Accepted Answer

The statement of cash flows is indeed organized into these three categories, which represent the major types of cash inflows and outflows for a business. Operating activities refer to the company's primary business operations, investing activities involve the acquisition and disposal of long-term assets, and financing activities relate to the company's debt and equity financing activities.

The Statement of Cash Flows Is Organized in Terms of the Organization's