Which of the following sections from the statement of cash flows includes activities that affect net income on the income statement?

Question

Quizplus · Accepted Answer

The operating section of the statement of cash flows includes activities that affect net income on the income statement, such as revenues and expenses. The financing section includes activities related to borrowing or repaying funds and issuing or repurchasing stock, while the investing section includes activities related to buying or selling long-term assets such as property, plant, and equipment.

Which of the Following Sections from the Statement of Cash