The ________ section of the statement of cash flows includes increase and decrease in long-term assets.
A)investing activities
B)financing activities
C)operating activities
D)non-cash operating activities

Question

Quizplus · Accepted Answer

Investing activities section of the statement of cash flows includes increase and decrease in long-term assets. Financing activities include borrowing and repaying debt, issuing and repurchasing stock, and payment of dividends. Operating activities include cash inflows and outflows from day-to-day business activities such as sales and purchases. Non-cash operating activities include items that affect net income but do not involve cash transactions, such as depreciation and amortization.

The ________ Section of the Statement of Cash Flows Includes