Question

Which category on the statement of cash flows summarizes cash receipts and payments from the day-to-day activities of the company?

a- Cash flows from operating activities.

b- Cash flows from investing activities,

c *Cash flows from business activities,

d- Cash flows from financing activities,

Answer 1

Answer is
a- Cash flows from operating activities.

Day to Day Activities are operating activities of the company, any cash receipt and payment from such activites are presented under Operating Activities