Which of the following sections of the statement of cash flows include activities that increase and decrease long-term assets?
A) the financing activities section
B) the operating activities section
C) the investing activities section
D) the non-cash investing and financing section

Question

Quizplus · Accepted Answer

The investing activities section includes activities that increase and decrease long-term assets, such as investments in property, plant, and equipment or the sale of long-term assets. The financing activities section includes activities related to long-term liabilities and equity, while the operating activities section includes activities related to the day-to-day operations of the company. The non-cash investing and financing section includes non-cash transactions that affect investing and financing activities, but not the actual increase or decrease of long-term assets.

Which of the Following Sections of the Statement of Cash