Asked by Hannah Crenshaw on Jul 16, 2024
Verified
_____,a category of cash flow,is calculated by combining the changes in the revenue accounts,expense accounts,current asset accounts,and current liability accounts.
A) Cash from profiteering activities
B) Cash from bookkeeping activities
C) Cash from financing activities
D) Cash from operating activities
E) Cash from marketing activities
Revenue Accounts
Accounts that track the income generated from the sale of goods or services before any expenses are subtracted.
- Comprehending the various classifications of cash flow and their computation.
Verified Answer
JD
jasmine davisJul 19, 2024
Final Answer :
D
Explanation :
Cash from operating activities is calculated by combining the changes in the revenue accounts, expense accounts, current asset accounts, and current liability accounts. This category reflects the cash inflows and outflows directly related to the core business operations.
Learning Objectives
- Comprehending the various classifications of cash flow and their computation.
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