Operating Activities Flashcards
1
Q
Cash Inflows
A
Sale of goods and services
Other revenue from main activities
2
Q
Cash Outflows
A
Suppliers for goods Employees for services Other persons/entities for expenses Lenders for interest and other costs Government for taxes Other persons or entities for materials and contracts
3
Q
Operating Activities Definition
A
Operating activities are the functions of a business directly related to providing its goods and/or services to the market
