Which of the Following Activities Are Included in the Investing

question 42

Multiple Choice

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

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Definitions:

Profits

The financial gains obtained after subtracting all expenses, taxes, and costs from the revenue generated by a business or investment.