Asked by
Makayla Hemingway
on Oct 09, 2024
Verified
Cash payments to insurers and utility providers are considered operating activities on the statement of cash flows.
Operating Activities
The day-to-day tasks and transactions related to the primary operations of a business, typically reflected in the cash flow statement.
Cash Payments
Outflows of cash to settle obligations or purchase goods and services, including paying bills, salaries, and other expenses.
- Come to recognize the parts and categorizations detailed in the cash flow statement.
- With precision, identify and segment activities into operating, financing, and investing categories.
Verified Answer
DD
Learning Objectives
- Come to recognize the parts and categorizations detailed in the cash flow statement.
- With precision, identify and segment activities into operating, financing, and investing categories.
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