Which of the following sections from the statement of cash flows includes purchases and sales of long-term assets?
A)Financing section
B)Investing section
C)Operating section
D)None of the above

Question

Quizplus · Accepted Answer

The investing section of the statement of cash flows includes purchases and sales of long-term assets such as property, plant, and equipment, as well as investments in other businesses or securities. The financing section includes activities related to obtaining or repaying capital, while the operating section includes cash flows related to the company's primary business operations. Therefore, the correct answer is option B.

Which of the Following Sections from the Statement of Cash