On the statement of cash flows, which of the following sections would include the purchase of a building paid for with cash?
A)Investing section
B)Operating section
C)Financing section
D)None of the above

Question

Quizplus · Accepted Answer

The purchase of a building is a capital expenditure and falls under the Investing section of the statement of cash flows. The Investing section includes cash transactions related to the purchase or sale of long-term assets such as property, plant, and equipment.

On the Statement of Cash Flows, Which of the Following