The collection of cash from customers would be classified as which type of cash flow on the Statement of Cash Flows?
A)Financing.
B)Investing.
C)Operating.

Question

Quizplus · Accepted Answer

The collection of cash from customers is a result of the company's main operating activities and therefore is classified as an operating cash flow on the Statement of Cash Flows. Financing refers to activities related to raising and repaying funds, while investing refers to activities related to the acquisition and disposal of long-term assets.

The Collection of Cash from Customers Would Be Classified as Which