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      Question

      In the context of cash flow statements, which of the

      following is considered a financing activity?
      A Payment of salaries Correct Answer Incorrect Answer
      B Purchase of raw materials Correct Answer Incorrect Answer
      C Repayment of long-term debt Correct Answer Incorrect Answer
      D Payment of taxes Correct Answer Incorrect Answer
      E Interest received on deposits Correct Answer Incorrect Answer

      Solution

      Financing activities relate to raising or repaying capital, including issuing shares, borrowing, or repaying long-term loans.

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