Financing activities include cash receipts and cash payments for transactions relating to revenue and expense activities.

Name: Financing activities include cash receipts and cash payments for transactions relating to revenue and expense activities.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Financing activities involve cash receipts and payments related to obtaining or repaying capital or debt, such as issuing or buying back stocks, borrowing or repaying loans, and paying dividends. They do not relate to revenue and expense activities.

Financing Activities Include Cash Receipts and Cash Payments for Transactions