Which of the following sections of the statement of cash flows includes activities that create revenue and expenses of the business?
A)the investing activities section
B)the financing activities section
C)the operating activities section
D)the non-cash investing and financing section

Question

Quizplus · Accepted Answer

The operating activities section of the statement of cash flows includes activities that create revenue and expenses of the business, such as sales, payments to suppliers, and wages and salaries paid to employees. The investing and financing activities sections involve transactions related to assets, liabilities, and equity, but not necessarily related to the day-to-day operations of the business. The non-cash investing and financing section includes transactions that affect cash flows but do not involve actual cash transactions, such as depreciation and stock-based compensation.

Which of the Following Sections of the Statement of Cash