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

Question

Quizplus · Accepted Answer

Financing activities include cash inflows and outflows related to acquiring or repaying debt, issuing or buying back equity, and paying dividends. Operating activities include cash inflows and outflows related to day-to-day business activities, such as sales and expenses.

Financing Activities Include Cash Receipts and Cash Payments for Transactions