Indicate where the purchase of land for cash would appear if at all on the indirect statement of cash flows.
A) Operating activities section
B) Investing activities section
C) Financing activities section
D) Does not represent a cash flow

Question

Quizplus · Accepted Answer

The purchase of land for cash would appear in the investing activities section of the indirect statement of cash flows, as it represents a cash outflow for the purchase of an asset.

Indicate Where the Purchase of Land for Cash Would Appear