Operating activities include all of the following except:
A)Collections of accounts receivable
B)Payment of tax expense
C)Payment of dividends
D)Payment of interest expense

Question

Quizplus · Accepted Answer

Collections of accounts receivable, payment of tax expense, and payment of interest expense are all examples of operating activities as they relate to the day-to-day operations of a business. Payment of dividends, on the other hand, is considered a financing activity as it relates to the distribution of profits to shareholders.

Operating Activities Include All of the Following Except