The purchase or resale of treasury stock is reported in which section of the statement of cash flows?
A)Disclosures
B)Operating Activities
C)Investing Activities
D)Financing Activities

Question

Quizplus · Accepted Answer

The purchase or resale of treasury stock is a financing activity because it involves the use of funds from or to shareholders, and it affects the company's equity position. Therefore, it should be reported in the financing activities section of the statement of cash flows.

The Purchase or Resale of Treasury Stock Is Reported in Which