Current assets on the balance sheet would be affected by and be part of operating activities.

Name: Current assets on the balance sheet would be affected by and be part of operating activities.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Current assets such as cash, accounts receivable, and inventory are all part of operating activities as they represent the resources used in day-to-day business operations. Changes to these current assets (increases or decreases) would be reflected in the operating section of the cash flow statement.

Current Assets on the Balance Sheet Would Be Affected by and Be