Purchases and sales of non-current assets are examples of:
A) dividend activities
B) operating activities
C) financing activities
D) investing activities

Question

Quizplus · Accepted Answer

Purchases and sales of non-current assets are classified as investing activities in the statement of cash flows as they are related to the acquisition and disposal of long-term assets, such as property, plant, and equipment, which are not part of the normal operations of the business.

Purchases and Sales of Non-Current Assets Are Examples Of