Which of the Following Sections of the Statement of Cash

question 35

Multiple Choice

Which of the following sections of the statement of cash flows includes activities that increase and decrease long-term assets?

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

---

Definitions:

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives.

Product Costs

The costs directly associated with producing goods, including direct materials, direct labor, and manufacturing overhead.

Financial Reporting

The method of generating reports that reveal a company's fiscal condition to its management, investors, and governmental bodies.

Units

This term refers to a measure of quantity, such as items or products, used in manufacturing and production.