Which of the Following Sections from the Cash Flow Statement

question 109

Multiple Choice

Which of the following sections from the cash flow statement includes purchases and sales of non-current assets?

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

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Definitions:

Sales Discount

A reduction in the price of goods or services offered by the seller to the buyer as an incentive for early payment.

Charge Customer

The act of billing a customer for goods or services provided, usually resulting in an accounts receivable entry for the business.

Tile Sales

Revenue generated from the sale of tiles, typically used for flooring or walls.

Contra-revenue Account

An account that is used to record deductions from gross revenue, which results in net revenue.