Activities or transactions that affect the income statement are primarily included in which section of the statement of cash flows?
A)Operating
B)Investing
C)Financing
D)Managing
E)Net income

Question

Quizplus · Accepted Answer

Activities or transactions that affect the income statement, such as revenue and expenses, are primarily included in the operating section of the statement of cash flows. The operating section shows the inflows and outflows of cash related to the company's core operations.

Activities or Transactions That Affect the Income Statement Are Primarily