Non-Operating Activities That Include Interest Expense, Losses from Asset Disposals

question 158

Short Answer

Non-operating activities that include interest expense, losses from asset disposals, and casualty losses are reported as__________ .

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Definitions:

Cash Flows

The aggregate value of cash inflows and outflows within a corporation, significantly influencing its cash on hand.

Cash Flow Amounts

The total values of cash and cash-equivalents being transferred into and out of a business.

Timing

The selection of the best moment or speed at which to execute an action or operation.

Cash-Based Measure

An accounting method that recognizes revenues and expenses only when cash is exchanged.