The ________ activities section from the statement of cash flows includes cash loans paid to others and cash collections on loans from issuing long-term debt.
A)investing
B)financing
C)operating
D)None of the above

Question

Quizplus · Accepted Answer

The activities described in the question, i.e. cash loans paid to others and cash collections on loans from issuing long-term debt, fall under the financing activities section of the statement of cash flows. The investing activities section would include activities such as buying or selling property, plant, and equipment, while the operating activities section would include activities such as net income, depreciation, and changes in current assets and liabilities.

The ________ Activities Section from the Statement of Cash Flows