On the cash flow statement, the purchase and sale of bonds of other companies to be held for an extended time are reported as:
A) investing activities
B) operating activities
C) financing activities
D) would not appear on a cash flow statement

Question

Quizplus · Accepted Answer

The purchase and sale of bonds of other companies to be held for an extended time are considered investments and therefore fall under investing activities on the cash flow statement.

On the Cash Flow Statement, the Purchase and Sale of Bonds