Cash flows from Operating Activities include which of the following as inflows
A)Proceeds from short-term borrowing to finance operations.
B)Receipts from property taxes levied to support operations of the activity.
C)Grants from other governments to finance an operating deficit.
D)Any cash receipt that does not meet the definition of investing, capital and related financing, or noncapital financing activities.

Question

Quizplus · Accepted Answer

Cash receipts that do not meet the definition of investing, capital and related financing or noncapital financing activities are included in the Operating Activities section of the Cash Flow Statement. Examples of such receipts include cash collected from customers for goods or services sold, interest received on loans or investments, dividends received, and proceeds from the sale of trading securities. Choices A, B, and C are not inflows from operating activities.

Cash Flows from Operating Activities Include Which of the Following