Question

Which of the following is not a required section of the Statement of Cash Flows:

a. Cash flow from operating activities.
b. Cash flow from the company's major customers.
c. Cash flow from investing activities.
d. Cash flow from financing activities.

Answer 1

b. Cash flow from the company's major customers.

Step-by-step explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.