From the following list, select the proper section from the statement of cash flows in which it would be classified.
-Paid suppliers cash for inventory purchased
A)Operating Activities
B)Investing Activities
C)Financing Activities

Question

Quizplus · Accepted Answer

This transaction relates to the purchase of inventory, which is a part of the company's operating activities. Operating activities refer to the cash flows generated by day-to-day business activities, such as sales and purchases of inventory.

From the Following List, Select the Proper Section from the Statement