Business Activities That Either Generate or Use Cash Are Classified

question 113

True/False

Business activities that either generate or use cash are classified as operating,investing,or financing activities on the statement of cash flows.

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Definitions:

Promotion

The process or act of raising someone to a higher position or rank, or the act of advertising or pushing for the sale of products or services.

Argument

A series of statements or reasons made to support or oppose a conclusion.

Cold Front

A leading edge of a cooler mass of air, replacing at ground level a warmer mass of air, characterized by weather changes.

Rain

Water droplets that fall from clouds in the atmosphere to the ground.