Which of the Following Sections from the Cash Flow Statement

question 72

Multiple Choice

Which of the following sections from the cash flow statement includes activities that create revenue,expenses,gains and losses?

• A)The financing section
• B)The non-cash investing and financing section
• C)The investing section
• D)The operating section

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Definitions:

Significant Change

A major alteration or transformation in a situation, process, or condition.

Activity Depreciation Method

A method of calculating the depreciation of an asset based on its usage, activities, or units of production rather than the passage of time.

Depreciation Expense

The allocated reduction in the carrying amount of a tangible asset over its useful life, reflecting wear and tear, obsolescence, or other declines in value.

Estimated Life

The anticipated duration for which an asset is expected to be functional and economically viable, dictating its depreciation schedule.