Which of the following sections from the statement of cash flows includes activities that increase and decrease long-term assets?
A) The financing section
B) The operating section
C) The investing section
D) The noncash investing and financing section

Question

Quizplus · Accepted Answer

The investing section includes activities that increase and decrease long-term assets, such as the purchase and sale of property, plant, and equipment, as well as investments in other companies or securities. The financing section primarily involves activities related to long-term liabilities and equity, while the operating section focuses on cash inflows and outflows related to day-to-day business operations. The noncash investing and financing section includes transactions that do not affect cash directly, such as the issuance of stock for the acquisition of another company.

Which of the Following Sections from the Statement of Cash