Which of the following sections of the statement of cash flows include purchases and sales of 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

Purchases and sales of long-term assets are typically categorized as investing activities and reported in the investing activities section of the statement of cash flows.

Which of the Following Sections of the Statement of Cash