Operating activities do not include cash flows
A) from revenue
B) from sale of equipment
C) for income tax
D) for wages.

Name: Operating activities do not include cash flows A) from revenue B) from sale of equipment C) for income tax D) for wages.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Operating activities include cash flows directly related to earning income, such as revenue, income tax, and wages. The sale of equipment is considered an investing activity, not an operating activity.

Operating Activities Do Not Include Cash Flows