Which of the following activities are included in the investing activities section of the statement of cash flows?
A)Activities that obtain the cash needed to launch and sustain the business
B)Activities that increase or decrease long-term assets
C)Activities that create revenue or expenses in the entity's major line of business
D)None of the above

Question

Quizplus · Accepted Answer

Investing activities refer to the buying and selling of long-term assets such as property, plant, and equipment, as well as investments in other entities. These activities are included in the investing section of the statement of cash flows. Option A relates to financing activities, while option C relates to operating activities. Option D is incorrect as investing activities are reported in the statement of cash flows.

Which of the Following Activities Are Included in the Investing