_____ is the major operating activity that increases cash.
A)Sales on account
B)Collections from sales to customers
C)Advances from customers
D)Proceeds received from issuing stock

Question

Quizplus · Accepted Answer

Collections from sales to customers is the activity that increases cash for a company, as it refers to the payments received from customers for goods or services that have already been sold on credit.

_____ Is the Major Operating Activity That Increases Cash