One output of the accounting information system is the statement of cash flows.Transactions commonly associated with an organization's acquisition/payment process are most likely to be reflected in which section of the statement of cash flows?
A)Operating
B)Investing
C)Financing
D)Non-cash investing and financing

Question

Quizplus · Accepted Answer

The acquisition/payment process typically involves transactions related to the day-to-day operations of a business, such as purchasing inventory or paying for services, which are reflected in the operating section of the statement of cash flows.

One Output of the Accounting Information System Is the Statement