Operating Cash Flows affect:

Name: Operating Cash Flows affect:
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

Operating cash flows are related to day-to-day operational activities of a business, such as sales and purchasing goods, paying salaries, and collecting payments from customers. As a result, they affect the current assets and current liabilities of a business, including cash, accounts receivable, and accounts payable. They do not directly impact long-term asset, equity, or long-term liability accounts.

Operating Cash Flows Affect