The cash ﬂows from the purchase and sale of long-lived assets are reported in the operating activities section of the cash ﬂow statement.

Name: The cash ﬂows from the purchase and sale of long-lived assets are reported in the operating activities section of the cash ﬂow statement.
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Question

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The cash flows from the purchase and sale of long-lived assets are reported in the investing activities section of the cash flow statement, not the operating activities section.

The Cash ﬂOws from the Purchase and Sale of Long-Lived