In the statement of cash flows, the cash flows from financing activities result from debt and equity financing transactions; including incurrence and repayment of debt, cash inflow from the sale of stock, and cash outflows to repurchase stock or pay cash dividends.

Question

Quizplus · Accepted Answer

This statement is accurate and reflects the definition of cash flows from financing activities as per generally accepted accounting principles (GAAP).

In the Statement of Cash Flows, the Cash Flows from Financing