Which of the following sections from the statement of cash flows includes loans to others and collections on loans?
A) Loans to others and collections of loans are included in the financing section.
B) Loans to others and collections of loans are included in the investing section.
C) Loans to others and collections of loans are included in the operating section.
D) Loans to others and collections of loans are not included in any of the above-mentioned sections.
Correct Answer:
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