A company purchased money market funds with cash during the current year.Which of the following statements is correct?
A) This transaction will result in a decrease in cash from operating activities.
B) This transaction will result in a decrease in cash from investing activities.
C) This transaction will result in a decrease in cash from financing activities.
D) This transaction will not cause a change in cash from operating,investing,or financing activities.
Correct Answer:
Verified
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