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Basic Question 2 of 2
Which of the following would not appear in the operating activities section of the statement of cash flows?
B. Cash payments to employees for salaries, wages, benefits, etc.
C. Cash payments for income taxes
D. Cash payments made on borrowings (repaying the amounts borrowed)
A. Cash collected from customers for goods and services
B. Cash payments to employees for salaries, wages, benefits, etc.
C. Cash payments for income taxes
D. Cash payments made on borrowings (repaying the amounts borrowed)
User Contributed Comments 1
| User | Comment |
|---|---|
| bravoshieh | D does not include interest payments! |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
explain the derecognition of debt;
CFA® 2024 Level I Curriculum, Volume 3, Module 25.