The purchase and sale of investments not held for trading purposes is a(n)
A)operating activities.
B)investing activities.
C)financing activities.
D)non-cash activities.

Question

Quizplus · Accepted Answer

The purchase and sale of investments not held for trading purposes are classified as investing activities in the statement of cash flows. This category typically includes transactions involving long-term assets, such as property, plant, and equipment, as well as investments in other entities.

The Purchase and Sale of Investments Not Held for Trading