Which of the following financial statements is divided into major categories of operating, investing, and financing activities?
A)The income statement
B)The balance sheet
C)The retained earnings statement
D)The statement of cash flows

Question

Quizplus · Accepted Answer

The statement of cash flows is divided into three major categories: operating activities, investing activities, and financing activities, which reflect the cash inflows and outflows in these areas.

Which of the Following Financial Statements Is Divided into Major