Which of the following sections from the statement of cash flows includes activities that create revenue,expenses,gains and losses?

Question

Quizplus · Accepted Answer

The operating section of the statement of cash flows includes activities that directly affect revenue and expenses, such as cash received from customers and cash paid for operating expenses. It also includes gains and losses that are related to operating activities, such as the sale of assets used in the operation of the business. The investing section includes cash flows related to the acquisition and sale of long-term assets, while the financing section includes cash flows related to the issuance and repayment of debt and equity.

Which of the Following Sections from the Statement of Cash