Noncash investing and financing activities must be reported in the body of a statement of cash flows.

Name: Noncash investing and financing activities must be reported in the body of a statement of cash flows.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Noncash investing and financing activities are not reported in the body of the statement of cash flows; instead, they are disclosed in the notes to the financial statements or in a separate schedule.

Noncash Investing and Financing Activities Must Be Reported in the Body